RE: sellingI am guessing that the people selling don't know much or they would not be selling. I believe they will regret their sales shortly. But that is the market. For every disappointed investor selling there will be a happy investor that bought.
Not one sale at the bid in over 2 days and the price up 10 cents since Friday definately means there is no "panic selling" happening. If they were panic selling, they would not be sitting on the ask, they would be hitting the bid and we would be at 20 or 25 cents or lower instead of 40 cents.
Things are looking up....way up I believe.