I disagree with your assessment of the float. I think if the posters here started tallying up our holdings we could probably account for at least 20M of the float between us right here on this board.
You do realize that a block of 10,000 is only $500 or $600 lately right? Pretty much peanuts for a serious trader.
We don't know who's selling, but if it was only the 16 million that would be absorbed by now long since. People buy in and sell out. Some people are channeling it and buy and sell in the same day so it looks like a lot more than it is.
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