I think not...the volume is only 350 million.....that ain't squat. If the company or some strategic investors were buying shares today, I think we'd be seeing much more activity than what has been displayed so far. No, I think many current investors with positions small enough to actually sell, did just that...they sold off. By contrast their were other investors (not necessarily, strategic investors) that were there to scoop up the cheapies....I was not one...I just sat and watched. IMO, this is just a normal reaction to the latest info from the company concerning an R/S. EMOTIONS
I too, am not thrilled....but it is what it is.