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The good news is even though there has been a constant large bid (33,000 shares) the ask has remained low volume and the ask price has held around .99 to $1.00
We appear to have mostly longs not wanting to sell.
Re the insider sell at 78.000 - just a guess but everyone needs funds once in awhile and if a persons holdings are relatively large, they liquidate some for the necessary cash. I wouldn't read anything into it.
