Players Network Inc. (fka PNTV)

[Toxic Avenger]

How do you know it was an open market purchase or even a purchase? The form 3 shows his initial holdings of just over 6 million shares.
http://edgar.sec.gov/Archives/edgar/data/1037131/000120919110050709/xslF345X02/c07028_3x0.xml

Also, the "date of event" is 10/8, which is before the price fall. Between 9/1 and 10/8 about 10 million shares were traded. He's either been buying for a long time or he represented more than 50% of the buy side during that period, all without making the price move very much.

Not sure if it's the same David Tice, but someone by that name runs a web site called "The Prudent Bear, One stop shop for the Bear Case".