RE: Blue blood bath10 Jul 2024 10:07
Depends on how many frequent flyer hit and run traders , skimmers and scalpers involved distorting the volumes. Some have quick turnovers, others not so much , boil moving from 4 billion shares to 10 billion, churned 36 billion shares (x6) before the handbrake came off, Copl (manipulated like no other) moving from 4b to 16.4b , churned over 200 billion.
The only thing they all have in common, is when the handbrake released "you'll know it"
Another eg, is the former ceo and 51% holder of company , sold all , at 1% per day, which unlike many , he reported by TR1 the day after in all cases. During his offload, his daily 1% was not 1% of the daily sells, let alone the total volume.
Massively distorted by the herd, expecting a lot of other news at the time.
You just never know , until it goes.......... pop kabooooooom