This is a little off-topic for the T/A board so I sent you a private reply.
There is a saying that "the price of a stock has all market factors calculated into it". This includes fundamental financials and speculation.
I believe that the wave that we have ridden is based on speculation. If you doubt that look at the fundamentals of the company. When the dates of the prototype launch did not occur, much of the speculation lost its elation. This resulted in the trend we see now in my opinion. Some of the charts still have the carry-over from that elation in them from the February run-up.
In order to get a clearer look at the stock try and focus on data after the launch delay was announced. There are many investors, in my opinion, that have seen things progress so quickly that they are afraid to be sidelined at this moment as news can come to greatly affect the share price.
Likewise, there are those who invested prior to February that are concerned of thier investment earnings evaporating that may choose to average out causing the price to fall.
At this point, unfortunately it is anybody's guess.
Doc
