Yesterday's 5,100,000 share buy is sticking in my head
keep in mind that there are people out there that try to stir
the pot by buying up shares to give the illusion that "something
is up". As you can see it got a lot of people talking on this
board. Most people here were already in though. And the
attention caused by the large buys (relatively speaking they were
large compared to what this stock normally does. ) just
wasn't large enough to keep the price up.
IMO, this was a failed attempt of a group of buyers who tried to
pump this up by creating some buying action, and had plans to
dump them *when* the buying continued. Unfortunately it turned
into an *if*. And the buying stalled.