No conspiracy - just sellers finally getting a chance to exit a position. The stock is so illiquid that any major buyer could not participate previously, and on the other hand no seller could exit until higher prices with volume came in.
Today we finally saw large buyers enter the stock, which allowed sellers to finally exit. Is no conspiracy, just patient sellers finally being able to exit at a price they are comfortable with.
No stock ever has only buyers, so don't be disheartened by the selling. They have to exit at some stage, and now that we have buyers, the sellers are providing the liquidity for them to enter large positions.
Once this stock is covered by institutional brokers, those brokers would likely cross buyers and sellers off market in 'block trades', which allows large volumes to match without moving prices dramatically either way.
Today was a great day, and I feel quite certain we have turned a corner
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No conspiracy - just sellers finally getting a chance to exit a...
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