If the CEO has half a brain and CARES about share price appreciation, he'll release a PR stating the selling is done for now.
And if he has 3/4's of a brain, he'll also come up with a good lie on WHY the idiot had to dump so many shares so quickly in the first place. Talk about a horse getting hit in the flank with a bazooka!
Anybody happen to know if this CEO has a weakness to do toxic PIPE financing?
His history on executing yearly million dollar 504's?