Sell side orders (especially those large ones outside of the money) are nothing new.
Buyers are absent, amongst other things, simply because there has been little new financial news to warrant additional interest or investment. The next 4c is months away and we have no news on unit sales of the Boost product or IQ Buds.
Except for true believers (like most contributors on this site), the company still looks like a start up with all the risks that brings with it.
In order to change this perception, either release of a new accreditation or product sales data or cash flow improvement, a CR or some other expansionary joint venture agreement is likely to be needed.
The current share price is suspended in limbo until new data is available to form a clearer view of its future financial position.
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