Mentioned on another board was that it was felt that lots of the current selling activity might be attributed to former GGR holders. The inference being that those persons can cash out their actual share position for whatever gain or loss that might accrue but still sit on the "non transferrable .45 warrants" for three years to see whether or not they bear fruit.

I suppose it all depends on the make-up of the previous GGR holders and just how far they might have been in the red or black.

Overall its not an outrageous theory and once the selling started there would of course be the usual "shakeout" of some conventional shareholders.

Time will tell.

Onward and Upward