I will try to write in details soon but pretty much like leasx said, on the 5th December, when I bought in at 84 cents, a lady on our top 20 holders list executed her price point of selling with her main account over 250 k+ shares or so and her minor account of between 30k-40k. sparked a panic and caused some holders got into despair and sold out too.
The buyer is related to User123's accounts so while there could be other buyers, his accounts added a lot of shares.
Furthermore, spencer holding left by end of January and as the price jumped yesterday, an account of around 70-80 k selling out and only got 2 k left or so which i think it has been sold by today already.
The remaining top 200 accounts seems to be the long term holders and almost no movement for ages so in my views, if there was a big selling, it can only probably coming from insto nominee's accounts, which still very small comparing to the top 3 holders account. So it's fair to say unless Pact trigger bad news and force those nominees accounts and other holders to sell out, I don't think i see any more big selling soon.
i will detailed it further later.
PGH Price at posting:
$1.03 Sentiment: Buy Disclosure: Held
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