Lot of selling going on.On the face of it, it appears that shareholders with a very large number of shares are trying to liquidate in an illiquid market.
In a situation like this, buyers tend to wait to see just how desperate these individuals are.
It's difficult to read anything else into it.
Who has more patience?
Of course, something more nefarious could be going on here, but I'd prefer to stick to the simple prima facie explanation.
cleareye.