I've been thinking this same theory for a while. It makes a lot of sense. It also takes a lot of patience and guts.
The other two theories I previously had were;
1. I thought it was one of the major shareholders that got shares early and cheap, but were now selling. I figured they were the only ones that could sell low and still make money because the rest of us are under water and still holding. I gave up on this theory because major shareholders selling or buying is made public so surely we would have found out.
2. Rogue shareholder who was cash strapped and desperate to sell but couldn't get decent volumes to trade until each positive announcement and that is when they sold in order to take advantage of new buyers. This would explain why every good announcement was quickly squashed. I gave up on this theory as well because I figured this could not be happening for over a year now - surely?
At this point in time, I have absolutely no clue what is happening and have given up trying to figure it out. I'm sure everything will be revealed in October and we will all have to suffer until then!
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- here s a thought .... let s talk escrow shares
here s a thought .... let s talk escrow shares, page-4
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