This is hearsay only, but rumors are that it was Salida Capital that sold 4.5 M shares last week and they are probably still selling. I don't know what to make of that. either they know something or could be that Salida seems to be in trouble due to extremely bad performance for a couple of years and need to sell. Following is from FINalternatives (finalternatives.com):
Late last year, Salida Capital was forced to deny that it was on the brink of collapse. After a second straight awful year, the Toronto-based firm may again hear those whispers.
The firm's Strategic Growth Fund lost more than half of its money for the second year in a row. Last year, the fund lost 53.02%, slightly better than the 53.39% loss suffered in 2011, the National Post reports.
By contrast, Salida's Wealth Preservation Fund's performance doesn't look at all bad, although it is hardly preserving clients' wealth. The fund lost 12.23% last year after dropping 14.41% in 2011, and now has the unenviable distinction of having lost money since its inception. Despite Strategic Growth's calamitous two years, it still boasts an annualized return of 2.74% since inception.
/Peakoil