disagree. he sold @$1.80 and $2.22 because he may think its overvalued. The stock went to $3.0 during their 'quiet period ' and he was prohibited from selling.
Influential Director sold more shares @ $2.22---- Not a good sign.
Millions of shares trapped in a downward spiral. They need to liquidate - must get out at lower prices. Not good.
More selling as day traders get out licking their wounds [ losses].
Look for an SEC investigation - manipulation of a penny stock.
when is he going to retire ? he's been there forever !