Since exercised at .70 and the drop in pps leads m

Since exercised at .70 and the drop in pps leads me to think they are slowly selling. When there is more stock shares than demand then pps goes down, generally....

This last big run up was mainly on Covid hopes. Is Covid going to happen? I worry the approval process will stretch out just long enough for everyone to sell their dirt cheap shares they converted at .7 while hyped CCs / PRs try to keep stock price pumped up.