RE: Trading analysis for yesterday5 Oct 2018 09:31
Love the analysis Alfa.
Great to see how easy it is for us to get back to realistic prices when the source of shares available to the MMs starts to dry up. I've absolutely no problem with anyone selling as each has their own needs and agenda, but it is so clear that without sellers, the MMs lose control and need to let the fundamentals take control.
Hopefully, as an invited institutional investor, First Island will have had good reason for the partial sell off but will have good intentions with the remainder of their investment. That would leave only warrants or some natural PI selling as the only source of shares to the MMs.