That was a great post Saredi. Back when the board was counting shares, there seemed to be a lot of guys with large numbers of shares that were long from the last run. They averaged down on every decline and had accumulated very large positions.
With all the doubts and delays, many were over-extended with larger positions than they were comfortable with.
When SDVI saw some daylight, a lot of those folks bailed creating selling pressure that quickly drowned out any chances for a multi-day, multi-bag run.
The dynamics have changed a bit since then, and the chart shows it. People who wanted out were able to get out on the last couple of pops. The people who wanted to average down were able to do so at reasonable prices.
We will still have to churn a bit when volume comes in, but this is a whole different ball game now.
One way or another, Ken has to make things right with the SORs who converted to GRAFF. No doubt on that one. Hopefully this issue will be resolved soon.
IMO and FWIW.