Agree with this assessment 100%.
We discussed before that the price action kinda looked like dilution, and now we know it was the large selling by Cannell. They must have taken a beating.
Two questions now....one-who was buying all the shares that Cannell was selling....would be surprised if it was strictly retail; and two--as you referred to earlier--is Cannell selling all, or retaining some? Who knows--maybe they are done selling now?
Next ER should be pretty interesting!
GLTA!
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just my opinions, of course!
Never argue with an idiot--they'll just drag you down to their level, and then beat you with experience!