stiebs, I think of it this way - This is an iliquid stock that is top heavy in terms of the bigger holders. If there was a problem the door isn't big enough to get out of. Thus,I think this drop back is just the normal ebs and flows of the market, especially given it's got a bit stale, is iliquid and people are sitting on profit. Remember liquidity works both ways up and down.
I haven't read through all the previous comments but I found articles to be of interest.
pues pueden leer en español jaja or use google translate (which does a good enough job):
http://m.elobservador.com.uy//noticia/278636/ancap-licitara-siete-bloques-para-la-busqueda-de-petroleo-en-tierra/
and on the topic unicorn1 had alerted us to: http://mobile.bloomberg.com/news/2014-05-01/repsol-names-imaz-ceo-amid-plans-to-expand-with-deals.html
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