(11-26-2021, 05:31 AM)LongNautilus Wrote: Looks like trading with nusmf is really slowing down. Is it the final end or just the beginning? Some of us (including me) have speculated that an active share consolidation plan has been taking place since the implosion in late 2018. So just for kicks I went on Barrons (nusmf/advanced chart) and tried to determine the total monthly volume for the past 35 months when the CCAA began in January 2019.
If the chart and my math is correct: there's been roughly 155,463,000 shares traded since 01/01/2019 to 11/23/2021 (70,047,000 in 2019, 34,907,000 in 2020 and 50,509,000 in 2021).
Speculation Time. If there has been a share consolidation plan happening here share ownership would currently look something like this (estimated obviously):
Total Float: 683,000,000.
Mettallo / MB: 341,000,000
DSMF: 76,000,000
Past 35 Month Volume: 155,463,000
Total Shares Potential Ownership: 572,463,000
Chances are slim, but miracles happen everyday (and man could I use one now!). Signing-off for the remainder of the year and I wish everyone, whether agree or disagree, a wonderful holiday season. Best: LN
I too am with you Long Nautilus. I was kicking around selling during that .03 rally to recover some losses. But, I thought, I got into this for life changing money so I am not doing that. I am going to ride this horse right out of town, wherever it goes. I would love the speculative idea of the people running this show trying to grab as much off the table as possible before it goes parabolic being a real thing. It would be miraculous, and well deserved for those of us on this very long road. All the best to everyone. And keep hoping there is more to this than we can see.