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9,811 Posts.
3495
06/11/17
11:04
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that funds who took place in the CR and just received 115M shares are crossing shares as they lighten or sell out their position
these high volume churns are typical post a big CR - esp when the CR was at ~45% below the current sp
there's always going to be natural profit taking on big investments up 45% in ~2 weeks.
they dont necessarily tell you what happens to sp after the selling is finished though
but with 115M new shares alloted this could go on for a few days
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