I agree greenhart. And over 2 million of the 2.8 million disclosed sells are over 48.5c but as you say, undisclosed sellers ready to pounce.
Still a buy low sell high trade with a tight stop loss.
The information is out there in the market now, so it's just a matter of wait and see as more shareholders/advisors re-rate NWT.
Personally I think it's oversold but what would I know.