There have been at least two large sellers in the market since the 18th October.
People sell for many different reasons.
-don't understand shale
-don't believe in energy any more
-need cash for whatever reason...tax problems...wife left for a holiday (took the furniture and the kids!)
All announcements have repeatedly mentioned that they are not expecting a gusher and no fracking or horizontal drilling will take place. However, the market still seems to view the stock as a conventional oil & gas explorer. i.e. a spike in share price just before before the target area is reached, followed by a retracement when no gusher happens.
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