Time will tell which EXPLANATION is correct...
it should not take more than a few months following the AGM in July 2012
for FUD and ERRONEOUS EXPLANATIONS about JBII trading patterns to shake out!
Personally I think there are a couple of MMs and Hedge Funds in big trouble based on empirical evidence found on this board explained by certain regularly occurring patterns!
"I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'"
W. Buffett