You're missing something here. CTIX is selling som
Post# of 72440
Posted On: 10/14/2016 9:25:09 AM
You're missing something here. CTIX is selling something like 600,000 new shares a month to Aspire under the funding program. Maybe more. Aspire is not in the business of holding these for the long term. They can only hold so much. They have to flip these into the market on a regular basis.
So this means that they probably sell on avg about 30,000 shs per day to keep their inventory steady. 30,000 shs of new supply daily with a stock that trades less than
200,000 shs per day. That alone keeps a lot of pressure on the pps.
So this means that they probably sell on avg about 30,000 shs per day to keep their inventory steady. 30,000 shs of new supply daily with a stock that trades less than
200,000 shs per day. That alone keeps a lot of pressure on the pps.
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