Volume has been drying up, and big insiders still have a billion shares of stock to sell. They are having to take a more disciplined, patient approach to distributing that stock than they did at one time. They were killing the goose that was laying the golden eggs, the way they were selling. Expect this kind of constant pressure to continue all the way through August. There will be rallies, but they will all be met by heavy selling. Especially in August. A huge load of fresh shares come off restriction in August, and they will find their way into the float at some price. Unless some demand can be ginned up through promotion, that price is subject to be horrifyingly low, compared to current levels, but thrillingly high, compared to what was paid for those shares a year ago.
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