That's the point about price moves - if there are no sellers then it can't go down. You post like everyone is sitting ready to sell if a bid showed up. Most of what I have seen could be interpreted as buyers trying to flush out offers with limited success. If you look at the volume days someone sold about 4m down through 3c a few weeks ago and then someone bought 4m about a week ago up to 3c and everything else has been too small to comment.
There is a 500k at a time buyer just under 3c from what I saw and a few stabs above but almost zero additional sellers joining the offers.
Even when someone played it up to 3.4c it took hours to get an offer back at 3.3c so if you are a seller I think it pays to put your offers in the market.
Unless it spikes.
PYC Price at posting:
3.4¢ Sentiment: LT Buy Disclosure: Held
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