Lovely gains - any idea why?, page-11

It's interesting. Some holders really didn't want to own this stock as there was significant wash out volume below $2 with large cross trades. Becomes a game of second guessing and you start to wonder why funds are selling , have you got it wrong ? Have self belief and load up ! What I have come to learn is it's a lot easier for funds to sell stock, press the sell button and move on than it is for the individual investor. Especially if the stock has been smashed. Best remove it , take the loss, invest in the next stock the investment committee has approved that week. Then there is the "wash sales" of XIP that need to be disguised. The fund is long but see's the opportunity to sell pre June 30th and buy post July 1st. I think that has contributed to the SP appreciation. As it's nearing the cap raise at $2.40 there's going to be some churn from " I just want my money back for stock I bought at $2.40 which I've been to hell and back with "