TommerYou had suggested that the selling was coming out of US retail but it doesn't appear to be the case. Not much has traded from here since the beginning of the year as demonstrated below. Some of this activity was buying by myself and family.
3 Months Close Prices
Date Ex : Sym Open High Low Close Chg Vol #Tr Bid Ask
2007-03-09 Q : IIEVF 0.1416 0.1416 0.1416 0.1416 0.0011 40,000 0
2007-03-08 Q : IIEVF 0.1405 0.1405 0.1405 0.1405 -0.0219 10,000 0
2007-03-06 Q : IIEVF 0.1624 0.1624 0.1624 0.1624 0.0274 10,000 0
2007-02-26 Q : IIEVF 0.135 0.135 0.135 0.135 -0.0409 11,400 0
2007-02-13 Q : IIEVF 0.1759 0.1759 0.1759 0.1759 0.0175 10,000 0
2007-02-09 Q : IIEVF 0.1584 0.1584 0.1584 0.1584 -0.0215 50,000 0
2007-02-08 Q : IIEVF 0.1799 0.1799 0.1799 0.1799 -0.0201 1,400 0
2007-02-02 Q : IIEVF 0.1988 0.1988 0.1694 0.1988 0.0368 69,500 0
2007-02-01 Q : IIEVF 0.162 0.162 0.158 0.162 0.0215 38,500 0
2007-01-30 Q : IIEVF 0.1405 0.1405 0.1321 0.1405 0.0223 114,500 0
2007-01-09 Q : IIEVF 0.1363 0.1364 0.1363 0.1363 0.0082 16,000 0
2007-01-08 Q : IIEVF 0.1281 0.1281 0.1281 0.1281 0.0258 4,000 0