We have 1.4m escrowed shares coming onto market when there's no excitement to bring in demand to match the supply. The believers are already set and maxed out (even some under water) and the non-holders wouldn't buy into broken chart like this.
And if this continues, by the time the 1.4m escrowed shares churned through, the second batch 6m escrowed shares are also ready to dump on market. This is more than 10% of register so sell the MRE news is already on schedule. Smart holders would now drip sell before all these events which would add to the supply.
But sure let's keep believing no news is good news and insto manipulating to get set.
ORD Price at posting:
42.5¢ Sentiment: Hold Disclosure: Held
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