i would never attempt to break down the volume that specifically, it just isn't possible. SPNG is a highly traded stock and the insiders volume is not that significant compared to the average daily volume, which is drying up.
imo, the volume will continue to weaken and the PPS will follow.
DREW, that would be a good analysis of 'sticky money', but does not account for the flipper volume...day & swing traders. SPNG has high volume from this third factor. SIRI last year had the highest volume traded for any stock and no way reflected the O/S. Don't discount the flippers on SPNG.
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