RE: RE: Chart A chart only reflects the past. Even good looking indicators were helped by hype back in May 2011. Those large trading volumes back then, made the OBV and other indicators look good. Since then, there wasn't a massive sell-off volume-wise, but this is not to say the 30 million shares traded in the past 3 weeks was without significance. There's always a reason(s).
The sell-off may or may not be entirely related to a potential rollback. The year-end financials may have been of concern as Aeroplan mile revenue, although making a modest gain in 2011, was losing momentum.
3 car dealers in the US announced April 12th, and no more sign-ons for a month now. What are we to think? A lot of factors play into the falling stock price. A potential rollback is the key one. Maybe some feel Futura is taking on more than it can deal with, in regards to the US expansion.
I still would like to know why the debt holders want a rollback within 3 weeks now. They obviously have something planned. It's their request. They are in charge now. The buyback of the processing division had to be done anyway before June 30th, so that's not a surprise. Not sure what makes it worth over $8 million, or 4 cents a share.
I hope they are not planning to sell the company?