RE: tax Selling may Give us a Beating this weeK Significant shareholders don't wait til the last minute to sell. Anything can happen with these pennies but anybody with a serious holding taking a tax loss should be out by now.
If EKG goes to 10 it will (probably) be due to lack of bids rather than a lot of selling. But sure, 10 is a possibility. It's a penny stock after all.
What really matter here is do the insiders still hold their stock, and if so do they have the financial resources and market savvy to be able to defend their interests.