where are the sellers coming from, page-2

The placement is at $1.35. Todays price $1.06

My suspect seller is Citigroup Global.

This selling also kicked in when we spiked to $1.13 prior to the halt.

I sold on that spike at $1.12 & $1.13 and rebought half on yesterdays open and will add the more at around $1.03.

Buy the dips, sell the rally with this one.

BUT the next rally may keep going up to that $1.35 zone.

Why buy when there is a willing seller coming down in price.

Need to get this overhang out of the way first.