MEMS Tech stock broke 2yr downtrend now heading up, page-268

To add to the above:
- 31.2m shares were traded between 3.1 cents and 11.5 cents in 129 trading days before 27 August 2014 (Iress)
- Prior to 6 December 2013, possibly another 1.2m shares traded below 12 cents for 2 years (that is late 2011) (Commsec)
- 4.5m shares were traded on 27 August 2014 between 7.5 and 11.5 cents (Commsec)
Total of 36.9m shares traded below 12 cents from 26 November 2013 (and 2 years prior dated late 2011).
The peak share price over the last 3 years is 30 cents.

This tells me that it is traders that are bringing this share down rather than existing holders. I can't see existing holders selling at a loss considering Bluechiip is now producing and making revenue (a dream that many would hold for).

P.S. I doubt all 36.9m shares purchased below 12 cents in the last 2 years would have turned over in the last 4 trading days.