A lot of the shares traded sub $0.01 were bought and at the low price yesterday it was all purchases not sold.
A lot of the shares? Are you saying that some traded shares weren’t bought? Every share traded was bought. This is the very nature of a transaction. If there’s a trade, there’s someone buying and there’s someone selling.
What’s important here is the spread and where most of the volume traded. A lot more people are asking to sell their share than there are people biding to buy them. This is consistently shown in the declining PPS.
It is a fact that people with large amounts of SLNN shares are dumping at whatever price they can get.
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