A Form 144 filer, Carol Schmidt, filed to sell 200k shares on June 20.
That obviously put a cap on the rally back then, and the stock is under heavy pressure today as many of those traders who bought in the low 2s a couple of weeks ago lock in some profits (IMHO).
This stock needs some institutional support!
I checked some data on Nasdaq trader and found that as of March 31, there was only 1.1% institutional ownership. That's why the stock gets pushed around so badly on days like this!
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