could it be a case that these major institutions with major shareholdings are trying to shake out weak holders? My reasons for this are as follows
No Rns at all saying reduced holdings and conversely, no Rns stating they have added... Yet
Over 70% is held by the institutions at much higher prices and they just dont seem bothered or do they?
I just have a gut feel that they themselves have been or are operating shorts to achieve their strategic possible goal of gaining more stock for when the expected or anticipated newsflow eventually arrives
The other scenario is that they are not happy which I personally doubt because not only will they make money on the way up, they could and i am only suggesting be making money by robbing the weaklings of their shares