I think the time for Aruda to have sold shares is long past. He could have sold them at much higher levels. Also, when I see a 50,000 share purported ask come in -- no one who is actually selling a large position would put in a 50,000 share ask on a stock whose daily volume is about 124,000. People want to get the highest price for stock they are selling, not the lowest price, and putting a huge ask in like that guarantees that they will get a bad price.

I don't believe that this is a genuine seller. A genuine seller would be putting in no more than 10k shares at a time.

EDIT: grotty has a large position in this stock, so please don't accuse him of bashing. But, I disagree with him on this issue.