I believe that I alluded to this already, but I believe there's a chance that the 8 million shares Loeb dumped last week were the END of their holdings, not the start. Do you think a large fund like that would telegraph their move before they made it?
I think anyone who is sitting waiting for millions of shares to be sold into the bid may be disappointed. I'm going to wait until the end of the week before I'm more confident, but I think we'll see low (normal) volumes from now moving forward, and no more significant downward pressure.