Yes it makes no sense at all. Maybe the person (and I do believe it's one person) was holding off on selling until hitting the long term mark of holding the stock for over one year to pay less in taxes. I can't believe that it is someone selling for a loss here. There were a lot of shares bought under the current share price for sure.
Maybe the person is part of some orchestrated effort to drag the pps down prior to the FINRA postings due out on the name/ticker change. Let's face it there has been a huge effort the last couple of weeks to try and tarnish and bash EGOC by a person on IHUB and also the same dude saying the same stuff on Stocktwits.. who knows where else. It could be that someone got a little spooked. At any rate I am seeing a pretty good buying opportunity for sure.
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Energy 1 Corporation (EGOC) Stock Research Links
What I post is my opinions and thoughts based on my research. Please do your own DD before buying or selling any stock. I am just as capable as the next guy in making good or bad investment choices! We win a few, we lose a few. That is the nature of the game!