What happened is some people took some profits off the table selling their 2’s for 3’s and 4’s and those that bought those 3’s have ALREADY placed them for sale at 4’s and those that bought at 4’s are either placing them at 5’s or trying to break even at 4’s on Friday. If they weren’t able to then they may rethink as the new week starts - may dump for funds to buy a mover or may stick to selling for break even or may hold for a day or two and see if the CEO manages to get the stock moving.
In any case those shares sold did NOT arrive in stronger hands, more likely that winded up in hands that are even weaker.
This is the reason why the walls keep rebuilding. And it’s the only reason left considering the dilution has all stopped now for 2 weeks.
With zero dilution tho this is the time to start well timed news at open or mid day to keep the PPS rising and get the buyers excited.
But again those shares are not landing in stronger hands, if they were then this would have run hard already. Those shares keep recycling to weaker and weaker hands every time they are resold.
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