Interesting viewpoint, total sales per month going back a few years. Approx so far this calendar year 155m shares churned. Last year 2015 approx 388m. That's less than half of last year. Reduced buyer demand, or tightening liquidity in the stock? Certainly enough churn for positions to be taken, as Parisfal has described.
Moelis Report Projections, page-25
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