Merchant seems to’ve lost faith in several of its microcap holdings, since they’ve been scaling out of a few duds for a couple of months now. I wonder what they know.
Goodness knows what’s happening with fresh volume and price movement. Thirsty day traders may try and jump on to take advantage of the volatility, but without a positive announcement to justify it, I’m skeptical.
Ann: Ceasing to be a substantial holder, page-2
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