Parrot, the pattern of price decline you describe reeks of large smart investors in the know getting out and not wanting to cause panic. It would seem they have undertaken an orderly exit slipping quietly out the back door.
Once again, another similarity to BDG. Their price decline commenced with the May 2006 correction. Us holders accepted that as everything had been in decline. But when everything else started to recover and BDG continued to decline we had to manufacture reasons for the decline and we continually bleated on about "the fundamentals" to convince ourselves that it would be alright in the end.
I hope MPO actually is alright in the end.
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