It's pretty clear that those 2 1/2 cent shares continue to be dribbled into the market. Why wouldn't those who bought several million shares at 2 1/2 cents sell say 25% of their shares to hedge their bet against possible FDA refusal or another round of questions as inexplicable as that possibilty seems to many of us? I certainly would.
I am averaged in at around .60 and continue to average down. It gets move stressful with each further buy, but I feel that I am taking advantage of the 2 1/2 cent holders perfectly rationale sales.