If you want to be pedantic, a person who, lets say for example, has say 10 million shares and sticks 1 million at ask price on weakness during a downturn between range high and low is not out of their mind, they have not alot to lose and alot to gain.
This has been a strategy used for ever.
Secondly, your call of a bottom being in - is that just your hunch based on the fact that you have bought back again and don't want it to go lower?
Or are you referring to technical indicators.
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