The Odd spike is where they opened a massive position and then use a combination of just normal share selling and small shorts to push share price down given low liquidity.
But of course, now that we know their massive position, then it gets easy to determine the # of shares they need to recover overall. (ie: why the heck would instos/funds buy at $7.50 only to sell all their holdings below that?). They will try to accumulate, thereby lower their average cost of holding per shares.
Normally Instos and funds have 1-2 year outlook and we all know that in 1-2 year, it's USA time. So accumulate from mum and dads who are "weak hand".
If they accumulate; I accumulate also.
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. So accumulate from mum and dads who are "weak hand".