Since you got 22 likes I feel compelled to reply. You allow for some novice retailers selling, so our differences may come down to a matter of degree.
There may well be as many as 20-30 longs with 1-5 million shares - but that leaves perhaps 50% of the shares in hands of retail that may not have any kind of kung fu grip on their shares.
The price went down immediately after the earnings PR. In the last few weeks we learn that the white paper - expected before ASM won't come before ASM, and that full wafer poling efficiency may well be an issue, and of course they CAN delay commercialization indefinitely. These are two big disappointments for those looking for news at ASM or even in the month or two following.
Retail traders sell on uncertainty. TO simply point that out isn't 'game playing' or 'warfare'. It's nice to think the entire float is locked in a kung fu grip but the evidence is that it isn't.
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