One or more big accumulators were responsible for the ongoing...

One or more big accumulators were responsible for the ongoing buying these last couple of months.

Absent them, the SP wouldn’t have moved the way it did with such a rise.

Now that that buying has stopped, the demand has returned to the levels prior to that.

Minor holders sitting on decent profits (in terms of their positions) from the rise take advantage of it by bailing, but again, with the buy depth having retracted substantially - it’s a hustle for the door to get out first.

But I’ve seen this pattern before with other “penny dreadfuls” & what I’ve been able to deduce from it is, when the stock has demonstrated enough that it’s got all the pieces of the puzzle lined up, so to speak, it’s only a matter of time before the puzzle comes together as a whole.

It’s (sp rise) not predicated on mere speculation.

Happy to hold patiently and disregard daily movements.