you have a valid point no doubt,
but here we may have a situation where this 'stalling' is being intentionally orchestrated by the very smart hands which, directly or not, are now doing all the smart buying, because you can rest assured, when actual news starts hitting the wire, you will never see this price level again, and buying and holding at this low multiple will make all the difference for an astronomical gain.
This is simply my opinion, and it makes alot of sense to me.