Ann: Bulk Tonnage Nickel Confirmed at RAV8, page-5

I have the same take on it. Since holding over the past 4 or 5 months months or so, I have noted that the stock can't seem to hold its gains on good news. Its not buy the rumour and sell the fact. In fact often there is no buy the rumour to start with . We get a sugar hit with news, price spikes up, then it falls backfairly quickly to where it was or almost was before the news came. The low SOI and market cap does not fit with this kind of behaviour pattern and especially given the nickel "space" we are involved in. So I totally agree with the above posters, we have an entity that uses any upwards spike in price to exit more shares. Eventually of course they run out ammo. That's when we will get a sustained upwards revision to the price. Had to suffer this kind of thing with some other stocks I hold and when the exiting is finally over, the long hoped for sustainable rise in share price has followed. Patience is needed on this one.