It doesn't seem like there's been a whole lot of selling? Yesterday was the biggest day of volume on a down day, at 90 million, in the past month. There were days of 200 million or more shares (May 17-19), but those were up days. A lot of the days where we've gone down, the volume has been around the 28-40 million range, sometimes a bit lower.
Today, it's 1pm, and it's at slightly below 4 million. I don't think we can make a real determination, just yet, on which way this could go. I haven't put any bids in just yet for more, but it looks like it would be hard to get the bid price just based on the action here. That said, clearly, as others have said, all the RS talk has had the desired effect for the naysayers. It's pretty astonishing, looking at page 3 of the last quarterly, that there are only a reported 108 shareholders on record. If you can scare a good amount of them with the RS and restricted preferred talk, boy can you ever make a dent.
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