$1 ipo party .., page-171

It only takes a few thousand shares to be sold to drop it a % or two. So I agree with your swing talk.
If I sold my whole holding in one hit the price will drop to $0.5 or 6% and that would wipe off $8 Million from the company MC.
So hang in there holders. Games being played or holder trying to get out without regard to share price destruction.
If a large holder wants to sell out, management should organise an of market trade.
The below trades for 50 minutes is not mum and dads. It is controlled bot use for whatever motive.

Also worth looking at this sort of breakdown from latest 3rd quarter report to remind us all why we bought into this.