I have spoken to some people that participated in the CR and they said that neither they nor any others they know in the CR have sold any shares. They participated in the CR with a long term outlook on MYQ, not to simply flip the stock for a small % gain. They're here for MYQ to start generating the revenue and to become cash positive, and they're not too concerned about the short term price movement on the market.
The price action on the market to me definitely looks like someone is pushing the price down. A recent look at the broker data shows Morrisons as one of the biggest sellers the last 2 weeks, and that's Redleaf.
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