This selling is not from anyone "screaming fire"... this is how ALL of the Quilliams many stocks trade. GHDC, SFMI, DCUT, JVGI, CEAC, SDRG and others = all losers
Myself and others have proven this in great detail. Everyone should have done the DD on their past tickers to verify... PQ consistently made bullish claims under all of them, while they all went straight to zero, under heavy dilution.
This is not selling from longs, its NOT WORTH IT FOR THEM TO SELL ANYMORE. That time has passed... This is from insiders and their cronies who get shares for nothing and are able to make a profit at ANY price it trades.
The proof will be in the upcoming report. Watch and see how much stock they've issued... The float did not reach billions and the price did not drop to .0002 without these people unloading stock. Its simple math
PS: If one wants to make and/or protect their money in the penny market, they have to study the people in charge.