They think differently from us. They kind of think like this "If production takes off next year, share price will take off anyway, so whats the difference of higher share price now o next year, when the fact is that I am not going to sell my shares anyway. "
For you or to a certain extent myself, we might sell some when share price is like 1.2. But for Elliot, he wont sell even if share price goes to 3.0.
