Walter Clark has 150,000 shares and I have 110,000. That means at least 11% of the float is not for sale. That leaves around 2.2m shares left. If all the small funds unloaded (which they are not) then there should be very few sellers left.
I think we are seeing a short play. This actually is good in the long run because the shorts will be forced to cover at some point.
When is the last time this stock trade over 500,000 shares? I think is was 2004.
You are entitled to your opinion. I have taken large positions in small companies and have held the stock until I hit my sell point. I have been very successful with this strategy but I should point out that I am an investor and not a speculator. My strategy is not perfect but it has worked for me. Holding a stock for several years is my norm.