People are experiencing gray market trading at it's finest. Plus people are starting to wear a little thin around the edges...
It sucks to watch volume slow to a trickle. Great gains are quickly washed out on one or two trades with no chance of selling if you wanted to.
Yes. KMAG has held up better then many suspected, myself included. But it is at the point now where claims of buyouts, news coming, etc, are doing more harm then good, especially since JR creates windows of hope and then never quite opens that window.
In a slow market, sellers will always show up more easily then buyers. It's a fact that some may not like or care to admit, which is why a tightly held float, in combination with bearish sentiment, is disastrous to share holders.