"Have they already sold and taken their loss?"
Certain that some of those shares have been liquidated. It is public info that Dave's shares have never been sold. Dave could sell shares, he would need to disclose such by filing SEC Form 4 by a deadline following the end of each calendar quarter. As an insider, he must also comply with SEC regs mandating that he hold shares for a minimum time AFTER his last purchase. Every time he buys, you know that he will not sell any for months (because he would violate SEC regulations by making a sale).
"Seems to me, those that have held this long may be willing to hold for victory, and the incredible windfall that would ensue."
At this point, it seems logical that anyone following the saga may hold or buy more. Even at $0.035 the potential's huge, but outcome remains uncertain, it could also be 5 years before potential's realized, so, more likely, there will be several turns of the stock/shareholders before this story's over.
As mentioned, Dave's prompt filing of Form 4's is not necessary, he's required to file them quarterly, so the prompt filings tell anyone interested in following closely that he's buying, buying, buying. Note absence of any selling.....with the above caveat.
Glad to fill in important blanks, the tout mentioned earlier in today's posts oversimplifies, even though Calypso's a cheap and rising stock, people who buy without knowing history are momo players or bagholding suckers until they do their DD.
I have bought momo plays before, but always followed up with DD.
Bids are thin, let's see if $0.03 & $0.032 hold up today and early Monday.
Have a great weekend.
