It is obvious to anyone that follows the trading
and level2 on this on a regular basis that there
has been a large seller in this the past 5 weeks.
For example, yesterday someone marched a 30,000
share sell order down from 1.88 to 1.82. Once that was filled,
they spent the rest of the day parking 20,000 share blocks
at that price. There is only so many sources from which
these shares could be coming, whether from the Poly deal,
or maybe aspire selling shares (from lower prices) in prep
maybe for another deal. This is obviously all guessing.
It does not appear to be retail, because of fear of dilution
or fear that we will not get financing. If this was the
case the Shorts would be all over this like flies on road kill.
Short Sales are at a 2 year low, showing shorts
are not viewing us as a good downside play.