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Chiron

03/21/12 1:11 AM

#73720 RE: kick69 #73718

It's not just one person dumping, many are selling due to impatience.
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buckhunter102001

03/21/12 1:21 AM

#73724 RE: kick69 #73718

Define dumping...Since the 27th of FEB, we haven't had a single trading day above 10 million in volume. I'd say that means that shares are locked pretty tight and the pps is dropping on no news, shorting, impatience and a little bit of stop loss fishing by MMs. I wouldn't call it dumping. The 16th was the exit point for a lot of folks at lower levels and that is really where all of this started. But during this consolidation period a lot of shares have moved into stronger hands and longer term hands. It will all come out in the wash.