exwannabe, BlackRock sold before the run-up to 5.40$ and bought back after the drop to 60 cent when we CERTAINLY wouldn't make the Russel. See charts 2012.
But suppose for a moment that BlackRock sold out (After INCREASING their position AFTER SUNRISE stop when we were at about 0.40$) then:
- why did they increase AFTER SUNRISE knowing that we CERTAINLY wouldn't make the Russel?
- why did they, having such large position, not sold smoothly before?
- and who did they go to to say: Hey, I am dropping 10+Mil PPHM shares on Friday 24th will you buy them from me at 4:00PM precisely.
If so many shares are dropped, as explained the buyer MUST be waiting. A Market Maker DOES NOT DO THAT in this extend.
But OK they will list and maybe there are out but if they are one should never put their money there because my late dog could have sold these shares at better prices then selling them "en bloque" all today (again if that is the case).
News 
Market Data 
Discover 
