RE:RE:RE:RE:RE:PatienceI never said it was an insider selling. I said it was a big fish. I know that anybody with =>10% ownership or management has to report.
There was a PP with warrants and somebody or a company or many bought a big chunk or chunks but obviously it was <10% since there wasn’t a report on it. The company never said who it was so they want to keep it secret. I’m not saying that person or company is selling. I’m just saying that the float is small and therefore it takes some time to sell a large position.
What I’m saying is that anonymous has been a heavy seller for some time. They keep driving the price down so they want out bad. They are not being patient. Anonymous could be more than one person or company but the way I look at it is the time stamp on the trade. If the time stamp is the same or really close then it’s one person. It takes a long time to move lots of shares when you only have 100 or 200 shares on the buy side per house. Plus I’m looking at the price it goes for so I’m not 100% it’s one person but I’m guessing it's somebody with lots of shares selling.
Friday afternoon was a great example. Anonymous was the major seller.