RE:ANYBODY
Well I guess I qualify as an anybody so I will give you my observation and thoughts. First off, I do not "know" anything so take it for what it is worth as an opinion.
When I seen the Bid being taken out I checked to see if it was one seller that just might have had enough and threw a market sell in. That is not the case. This is quite a few sells coming in from different brokers all at the same time, which quite frankly smells of a group knowing something.
What possible group could be in a situation to know something all at the same time but none of them are big holders? Simple answer is the employees that have been taking shares in place of part of their pay. What triggered them? Well if you have ever worked in any type of industry you know how the information spreads. If news was given in the boardroom on the QT, then it trickles to few good inside friends to blow the dust off their resume and get looking, and in turn that gets whispered to a few of their friends and before you know it half the staff knows something is coming down the tubes but nothing is official at that point in time.
I hope I am wrong, but having seen this sort of thing more times than I can count, it tells me that there is a pretty fair chance I am right.
We shall see.