yep, but that last seller at 48.5 would have made almost nothing; when you consider brokerage and the price paid for his 500 or so needed to be eligible.
I guess if you work on the theory that the people looking to sell, at least want to make a small profit, 48.5/49 could be a nice price to get some more. For now I'll just watch, but am tempted to get in line just below the action, just in case.