I believe it a combination....Some shares are non believing flippers and some are "longs"..... (who are not really longs). The real problem is traders have never before seen a situation where A COMPANY WANTS TO KEEP SHARE VALUE DOWN. Truly and amazingly enough, the no PR scenerio.... the longer it goes on, seriously strenghtens the case that THE COMPANY WANTS THE SHARE PRICE LOWER WHILE THEY ACCUMULATE! It is hard however for traders to think out of the box....this situation is not at all what they have experianced, its not what they are used to! Its really kinda fun seeing this unfold! These guys are going to announce a buyout when they have all the shares that people will sell, thats when we get our PR, not before. Therefore NO ONE can really put a date to it. Fun, NO?
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