For a Nasdaq company, I wouldn't consider 60k in dollar-trading volume 'savage dumping', would you? Also, though trading volume looks on track to slightly exceed the average, that would need to be another element to factor into the reality of 'savage selling'.
In either event, the filings will let you know whether company is selling shares. I haven't seen any filings suggesting that. You got a link?
Agree that company does need to put something out there though...if in fact they are managing their business in a sustainable way.
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