Ann: $3.75M Raised in Share Placement, page-194

They are doing both right now. Selling and then increased the bid with small cross trades. They then wait for volume to build on the buy side and sell again. Will be interesting to see how the day plays out likely some traders who have got caught out again by this and will need to exit to protect capital or get trapped.

With another 750 mill of stock getting issued on Tuesday next week fair to say plenty will try to jump ship before that wall comes in.