Large seller, maybe a fund or institution, looks to be closing out their position today, and probably over the last few trading sessions. Unfortunately, the demand is not strong enough to offset the selling pressure. Investors are probably nervous based on the silence coming
from Moore. I have to admit that I'm surprised the new sales personnel have not closed a deal by now, and that there hasn't been some insider buying. Moore needs to deliver soon or the Board show show him the door.
Though to watch, but this is probably one or two sellers closing out a position. If I were looking to add, I would be buying today, but I have a full position. If the seller gets even more aggressive, well then I'll have an even fuller position. LOL GL to us all.
Looks like the big seller is finally out, and buying pressure is starting to build. If Moore announces a major contract the stock could shoot over a buck. That pipeline of potential contracts/catalysts need to come to fruition. The new sales managers need to close a few deals. GL.