RE:RE:RE:do you think all the selling is warrant related?As I have noted previously, there are a bunch of free trading shares that have hit the market on July 29th. These are all in the hands of retail investors at the selling brokerages. Retail investors don't have the wherewithal to hold for the long term and for the right reason, and once they realize that their shares are underwater for too long, they will sell and lose interest further. I don't even think that this has started in any great way yet. You will probably see more volume once the quarter numbers come out.
Fortunately most of the insiders haven't sold any of their positions yet. This would provide support for the SP as most of these "loose" shares, as has been noted, are in the insiders' hands. You can track insider sales at sedi.ca
This puppy better have some good results coming soon (with better proven margins), or the PP shareholders are going to be calling their brokers to sell!