Which large holders increased their holdings at 18c? I didn't see any substantial shareholder notice changes from the CR (MMAM and MCQ were buying on market).
The options selling theory doesn't stack up because you can see the number of options exercised in the announcements, and if you assume the heads were sold to exercise them the selling volume doesn't even come close to the massive increase in average daily traded volume since the CR and the constant selling pressure.
For those who like buying a capitulation a good entry opportunity in the single digits isn't far away.
s.loeb.
AEE Price at posting:
13.3¢ Sentiment: Hold Disclosure: Not Held
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