Good Afternoon doogdilinger-- it is all a matter of perspective and scope...
--Over 50% of the volume was traded in 2 days
--Nearly all of the 2 day surge buys are in the red, which is 1/2 your volume
--You can clearly see the 150k shares that Jason sold on 6/11 effectively "killed" the run.
--He was a profit taker, but it would be an oxymoron to consider his "weak hands" being replaced by stronger ones...
So I'd say that was an impatient seller-- he grosses $9,525.20
at the expense of killing the run...
of course if the perspective is "tucking in" the bollies, then Jason helped "tuck in" the retail shareholder (while the visions of sugar plums are still dancing)...
So the increased liquidity did its job as a steep decline/retracement has occurred. Let's hope the drifting/bleeding doesn't unfold although the next significant event is the Q report which is still a ways off and isn't anticipated to be overly exciting given the scope of the hinted revenues presented in PRs...
Have a great day/weekend yourself :-)