I agree with this 100%.
Plus being someone who is analyzing this closely:
That read ratio always starts high with your fan base first coming and reading…just by law of fractions, as the views increase, that ratio decreases…it’s not a function of the article “losing” readers, it’s just math.

I’m convinced showing us views and the ratio are a waste of time…just give number of read, fans if people like those and money…time spent in article.

Great analysis Ira!!