I think they try to keep the price stable in this range- .36- .44 so that it won't go up, yet they try not to sell to make it go down any further and cut into their profit margin. When the volume goes up, their selling will go up. When you have millions upon millions to sell, it takes a long time to get rid of them. You buy, they sell, again, my impression.

If you had just 1 million shares to sell, it would take you probably at least  2 weeks to sell them at .40 in order to keep the price stable and to ensure you got .40 per share.

This is why resounding victory in pto is critical to lift daily volume to at least 10 million a day. I am sure that when the price climbed and hit .94, Swartz sold, sold sold and inevitably pushed the price down while doing better than the calculated profit margin he had intended. When price goes up and settles, they will sell until they finally run out and good riddance. This process is taking way to long for the Swartz type investor.