VirTra Inc (VTSI)

[fishhunter]

Hi Ruffie, Obviously someone is unwinding/selling their position but it also feels rather strategic to me though I haven't a clue where it could be coming from. Hard to get too upset with it though since the total volume traded on this -30% move is small and the entire move could be reversed/erased in a single strong up day.

The part of it that feels strategic to me is that whoever is selling seems to want the price to go lower by continuing to dribble out shares and to hide shares behind the ask.

I think of it this way. What would I do if I wanted completely out of VTSI and wanted a decent price? Very simple, I would put up for sale ALL my shares at a price ABOVE the market price and would require an ALL or NONE trade. There is value in a large number of shares and people will pay up to get them. I've done it before with other stocks and it works like a charm.

Today, if someone put out an ALL or None Sell order for 300,000 shares at $2.50 I can just about guarantee it would fill this week.