I disagree. The volume and speed of sales is not indicative of profit-taking. There's serious money on the line. There are over 30,000,000 CYDY shares short. These people aren't just sitting back and hoping they can cover at a lower price. They are actively trying to push the share price down. And there are many people doing it.
I saw a video of two guys who looked to be in their mid-twenties playing the stock market like it's some kind of video game. How many people bought GameStop to drive the price up to $350? Just a few investors? Day trading is serious business for a lot of people. And a lot of people are doing it.