Yes, big sell order for someone getting out. I've seen that...

Yes, big sell order for someone getting out. I've seen that before sometimes in spec stocks like biotech and miners pre announcements With results going either way, ie someone just getting out and sitting on the sidelines. If they bought after the last announcement in the low 50s they might have jagged a ST profit, or if a LT holder they might have been on a 50% + loss and got the heebie jeebies.

Hard to say whether leaky ship? IMO 50% or so upside or downside from current SP here on good vs bad announcement - we either see quick move back to high 80s / low 90s with a longer term drift back up to 1.10+ if good, or quick drop to low 40s then drift to low 30s if bad. I have a reasonably small holding ave in the mid 50s, so I'm happy to roll the dice. But if I were holding a large parcel at 1.40 buy in, I would have been out in the 70s/80s at least partially to mitigate downside risk.

All about risk tolerance, and investment timeframe. Bit of a roulette spin, as it will probably move strongly either way.

GLTA