An average of 15 mln new shares is dumped into the
Post# of 2009
Posted On: 09/03/2015 1:37:41 AM
An average of 15 mln new shares is dumped into the market every week, for months now. That makes about 3 mln each day, or between 25-30% of the average daily volume.
That should answer the questions as to who is selling shares at these "ridiculous prices", and why the SP isn't moving, even with a mega deal like Paramount.
At the current pace we have another six weeks to go to max out the A/S. So there could be some more weeks before we see any price movement while the new shares get absorbed.
That should answer the questions as to who is selling shares at these "ridiculous prices", and why the SP isn't moving, even with a mega deal like Paramount.
At the current pace we have another six weeks to go to max out the A/S. So there could be some more weeks before we see any price movement while the new shares get absorbed.
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