I like everone else beleives that Pinetree is selling to meet the $10 million payment. This has brought in other sellers and it feeds on itself. My thought was that they would keep selling no matter the price until they have the money they need. Their biggest position is PTK adn anonomous is a big seller. They let the bids build up then hit them, also very agressive at the end of the day. That seems to be the pattern so it is all clear for the shorts and other sellers until they stop or a NR brings in big buying. Now the odd part I was told this morning that they are not selling and they have the money. If this is correct who is doing the selling.
