Nope ML is not out. They still have around 1.8 mill. Bear in mind, they have now sold ALL of the 37cent CR shares. They had 1.8 mill prior to the CR and took around 10 mill in the CR. I have all the data to support this, just dont want to post it. Question is will they keep the 1.8 mill they had prior to the CR. The other big sellers in this run up has been BTIG, Citicorp and UBS. This endless supply of shares is almost exhausted. Bodes extremely well upon any strong news/wins, as they relentless supply simply wont be there. Yes there will be selling as with any stock, however the only large holdings left belong too mainly insiders or those in the top 10 who are not sellers. So demand will easily overwhelm supply for the 1st time since early EMC days.
Just needs a strong Q2 report and some news to start a big run. The run we just had was nothing on whats coming if strong company fundamentals prevail. Im betting this will begin 1st week of August.
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