You could look at this a couple of ways,
1. Who will be dumping if the share price is appreciating leading into or just past a positive announcement. Not many I would think..
2. But if they were, wouldn't there be new holders coming in? On FOMO..
~ 50m shares will not take long to be soaked up..could easy be done in half session...
Holders will always dump into rallies, holding your nerve is part of makes you a better trader.
ALL IMO
WPI Price at posting:
2.8¢ Sentiment: None Disclosure: Not Held