I can't see how this sort of manic selling would really help there Donman.... they would have to make a good offer .... no one would sell out the whole Company that cheap in a takeover scenario
This appears to be a deliberate bid to simply push the price artificially lower. At each level from the $1.90's, 80's, 70's, 60, 50, 40, 30's etc there were plenty of buyers, but they then did a deliberate big hit at each level to drive it lower when they could have sold just as many shares at much higher prices
What's that all about? ... they could just have easily driven it down to $1.50 and then started a buying frenzy back up to $2.20?
BLT Price at posting:
$1.19 Sentiment: Buy Disclosure: Held