Its an oft cited bromide that volume moves precede price moves, big players either loading up or unloading ahead of a big move in price....either up or down.

With no news that I'm aware of, (have I missed something?) I have a hard time seeing this as dumping ahead of bad news, especially given the support the PPS has shown around the $3 mark.  Resverlogix doesn't have of a profile with the retail bleacher crowd, so aside from a little buying by those of us already watching I don't think its retail activity acquiring.

I think Golf nailed it with his 'shake shake shake' remark....yesterday's drop below $3 for a time, I can see that loosening some hands, "damn what if it falls below $3 again, I better get out now while the getting is good".  

We are so close to the trial wrapping up, there could/should be an 8th DSMB report, then top line data and everything else. 

Its taking longer than I ever figured possible, but patience is a virtue or so its said....we've all been waiting years already, another 6 months to a year is nothing.