Yup! The sellers will impact the PPS in some amount until uplist completion to the QB. At that point in time there's a good chance we will get more daily volume and some help from institutional investors to absorb what they have left.
The sellers will let it climb higher as long as the volume stays up IMO. When the volume fades the impact will be noticed, that's how this stock (most stocks really) has always traded. Look at all the volume it took to run up to these levels before, then look how light it traded while it walked down
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