Hey @Doug Diamond , hope all is well.
I think a big part of this is general malaise ... really does test the " don't invest more than you can lose" theory.
Everyone has their breaking point, Sh*t themselves and sell ... enough panic sells may indicate we have finally hit the bottom.
This is not researched, and what I have gleaned from HC .... so please, subjective at best !
However, it seems Cozzi has been selling since Jan. Apparently to get funds to cover a liability case ... but who knows .... may just have found a better investment elsewhere. Unless an actual top 20 is released and we can compare ... but I haven't seen this.
I do know of two other micro-cap's he is invested in .... I'll show the charts below ... that show a very similar story. SMN had big news and it was heavily sold into ... I would hazard a guess by Cozzi ... that is certainly the talk on that thread. If such a large holder needs funds in these stocks that lack liquidity it's really going to hurt ... maybe this is where to look for the bargains !! I'm thinking it's not unique selling behaviour to CDX by Cozzi.
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