RE:8$+ CEO said it very well in an interview recently posted. He loves consolidation period as it trades weak hands for stronger ones...he loves institutional investors as they buy a large positions and keep them long term (many years) without touching it....WELL has more and more of these types of investors.
Personally I am not concerned at all...in a year from now we will all say...damn I should have bought way more when this was trading below 8$...
as Warnen Buffet says it best...the stock market is a device for transferring money from the impatient to the patient...glta