Mellinium Partners who owns 6.5 milion shares just keeps selling. Sold at $2.5,$3, and lately at $6. Friend tells me they want out of whole position. That will take one year at current volume--20% of the whole float. Stand clear.
Millennium are TRADERS and have been selling (trading) shares since last July when SP was 1.82. Q: How has their activity impacted SP? A: SP has continued uptrend to $6 regardless of Millennium trading activities. If you're not comfortable, sell and get out. But scaring investors into selling = a visit from the bad karma monkey my friend.
They are just a middleman--they make nothing. The whole thing is driven by TV advertising. Good quarters when they do not spend so much like last Qtr and poor quarters when they see the slowdown and up advertising. No value added and CMS is watching these direct to consumer companies.