Willbone, after looking at volume vs. Praetorian filings it looks like Praet selling accounts for 15-50% daily volume. Certainly MM Manipulation accounts for some and some smaller retail buying as well.
Think the company could of issued a few more shares since 10/17? I don't know if they would have to file first or not. Looking at the Accumulation/Distribution it appears nearly 2M were "dumped" past 2 weeks. If Praetorian accounts for about 800k of that, what is the other 1.2M?
Sure some panic selling 1st 2 days of the decline, some retail selling as well.
Just wondering if the company may have sold 1M shares to raise $400-500k to settle some of the notes and come out clean for the next qtr earniings on 11/13. I speculating but I feel like I'm missing something.
Either way the turnaround is coming soon.