If this is overhang from those 17M shares... how much longer you think we are going to have to endure it? I would think the investors who got those cheap 144s are not stupid so why are they dumping at these prices? Also a lot of them should be restricted if they have they just registered them in the past 6 months I would suspect a lot them are not being traded yet. This is a really hard one to figure out.
This might be explained if there really is a large short position. But all we can do is speculate that one exists.
I hope we have a shareholders meeting in October vs. November.