Trader, answer simple, Sailor and his followers. He posted that he increased his holdings 27%. Either he had hardly no shares or he moved the stock significantly. Those are the buyers. Who are the sellers, doubt if its GE or Elliot so must be coming from the remaining 15%. Low float makes a 27% increase move the pps.
But we both must do mea culpa. Looks like we made a mistake by selling as the pps is now up significantly. Stock is trading badly with low volume and inexplicable moves but positive moves none the less. We both lost money. Now the question is could we have sold. I had 4000 remaining shares Could I sell, with this low volume, without killing the pps. That I don't know nor do I know how much further it will go up. BUt if Sailor and his ilk keep buying 27% of their holdings, unless what they have is microscopic, the pps will keep going up. Now do I want to slowly slowly slowly buy back in????????? Then I will be moving the pps up, a self fulfilling prophecy,
