The natives are getting restless. ~$50k of shares for sale at or below the current market price.
Natives are obviously looking for news that translates to tangible results with the next update. Buyers who arrived in February expecting results to hit the March quarter are forced to hold tight or let go at a loss. Another "we're almost there" announcement could see 8.5c take a slide.
The BCD has been announced through sol-m, so green days should be a matter of when, not if.
MGZ Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held