Agree with what has been feels very much like the squeeze is on. The tale of the tape seems to highlight this. The top 20 control some stupendous amount of stock, 70-80% if i recall correctly and they are likely are of the same understanding and are all massive players in the spec space. In their opinion every share they can squeeze out here is a a) extra profit after the vend and b) less impediment to the rise later. Why not take advantage of the current weak sentiment for spec stocks.
At the moment a couple of hundred grand could clean up the entire offer, which on the right klaus or kumova deal is a distinct possibility. Have said it before but the company literally has no executives. The biggest giveaway that they are working to vend something big in.
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Agree with what has been feels very much like the squeeze is on....
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