RE: RE: institutional holdings - Reuters"WHERE THE HECK ARE ALL THESE SELL ORDERS COMING FROM!!!!!! And who / why would be selling at this point?"
People sell when they lack confidence in management and have unanswered questions that seem to have a negative outcome...Such as...
1) Questionable value of acquisitions
2) Complete botch job on Tiernan financials (Still unanswered to my knowledge).
3) Lack of contract announcements
4) Pending quarterly report (Negative sentiment because of 3)
5) Lack of transparency
6) 20 year history of shareholder disappointment
I don't think people need much more to take a vacation on the sidelines. Even a lot of the ones that choose to hang tough will admit that only a masochist would feel good about the present state of affairs.
Time will tell if their feelings were justified.