RE:I know nobody wants to hear this Sure, the energy sector is weak and there is lots of re-positioning by the funds, but the only explanation for this much volume that makes sense to me is that the 'NEW' shareholders are unloading their 40 million shares at bargain prices and the funds are stepping in to buy.
Over 6million shares traded today and volume has been very high the last 2 weeks. This tells me that pretty soon the 40 million shares will be gone and we will have a rally.
6 million shares sold and the stock does not go down? Incredible !