RE:RE:RE:Cause of SP downward pressure "Most of those shares were issued with a price tag of North of $9. Which means they will not be selling them at a huge loss only having recently been issued."
Maybe, but the real world is more complicated. If they are buying these companies from VC's, then you have no idea what the VC booked the investment at. It probably wasn't $9, it would have included a discount for liquidity, maybe even a hefty one.
The VC may have even kept it on their books at the pre-deal valuation, which could be way less.
Other investors / employee who received $9 stock may not "believe" and are taking what they can get before doing the next thing.