Actually that was when we were in a "quiet period" with a gagged TA. Investors calling BestJets ticked off Paul Alonzo, since he had the wisdom to mention the purchase before PBLS informed the BestJets employees. So it wasn't news based if I am remembering correctly. As for the decline, the company was no longer in a buy back at that point. They rescinded the .03 offer in July 2006. So many believe they were selling shares into the open market and that's what caused the decline. I still don't know if I believe that or not, but the open TA and the 2.5B O/S is pretty compelling "evidence."
"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
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