kalmsg, presumably those selling at the moment are mainly those "lucky" insiders who bought up recently at low prices, knowing that a good announcement was pending.They've made their 50 -100% in a week or two.
Then add a few day traders who spotted the surge in interest,and now want to close out their positions (I suspect one or two of them are still waiting on the sidelines to unload their holdings).
As to who might be buying, I'll admit to being one of them, in spite of vowing never to touch this company again!Maybe they have found, at last, a couple of good operators who can rebuild the company. Today's Report suggests they could even make a few dollars out of the long-standing investments in medical technology and Red Paragon!
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