The reason why shareholders are dumping their Tri-Valley shares in great quantities is because in a very short time there will be no more Tri-Valley company as they have liquidated all their assets and are wrapping up their affairs (that means closing up shop). You are calling someone stupid for getting $300 today for their shares when in a month they'll get zero?
You ought to read the BK dockets to get a feel for how long the company will be around.