The first sell order is legit. But the others stacking behind it...

The first sell order is legit. But the others stacking behind it I am less sure about. Could be taking advantage to try build a wall to get others to sell cheaper. Price has pretty much settled out at this 38-40c range. It seems to lack direction at the moment with hardly any volume going through. I think support is pretty solid below 38c so your downside risk is limited IMO. Shame we no longer have to report quarterlies meaning we could be waiting until then end of August for any update :/