My arguments for Swartz possibly doing wash sales still holds. They have sufficient shares to be able to trickle them into the market on a daily basis and repurchasing them 31 days later to establish a higher base price for Capital Gains Tax. Remember, during the warrant buy-back they couldn't purchase any stock.

My suggestion of a large holder selling in the morning and buying later in the day was about retail. If you look at the daily price movements a pattern emerges whereby the price usually rises in the morning, pre 10a.m, drops over lunch, and rises again in the afternoon. It has happened often enough to make me suspect that this might be occurring. It's a method to accumulate stock with very little downside, especially with PTSC if the original holding was at 10 cents or less. If the price continues rising, all that has to be done is keep the cash in the account until the price falls once more. If more than one individual is using the same method to accumulate shares, can you see how the price might not be rising as fast as one expects? 

(There are other companies that have had successful R/S's, all with good fundamentals, but I'm not going there again until after conclusion of the stay, and a few more licensees).

Be well