Trader53, There is No Evidence Supporting This!
Your entire theory is based on VC involvement. However, there is no PR on this point. There has been no volume indicating any "whales." All there is is a raft of death spiral convertibles, and no business.
Most so-called "VC involvement" with these subpennies involves death spiral convertibles- not exactly what a trader wants to see.
If there is any evidence, any evidence whatsoever, of "VC involvement," please provide it.