survey, page-24

@ simplejam
My guess is that a bunch of traders are selling out based purely on TA, they bought in on indicators and are getting out as such.
They probably don't even know much about what Prima do, let alone that there is even a NASDAQ listing imminent.
If they bought in on the 17th (the big volume day) then they're still making profit selling today. They don't have the time or patience to wait around for announcements and fundamentals they just follow the trends.

There are different games being played on different timescales and different percentages. If you're long, don't concern yourself too much with the DT activity, it will only cause you grief.
There is always a chance that someone knows something we don't, but there's a greater chance they simply want you to think that's the case.