That's what I said, despite the prognosticators here and on icell, the fact is, it is almost ALWAYS oversold in December, unless there is some counterveiling circumstance (like a reason for a huge rally), and the sellers buy back in the new year almost immediately. That's why for some, a big rally too early in the new year always catches some of those sellers off guard and leaves them smarting.
Nice name, and yes flatlining is part of the pattern... as is a dip of despair before the launching of an insufficiently fueled rocket that goes up fast, hits a passing jet-liner and fizzles back down to earth.
The December dregs certainly have the appearance of tax-loss selling, perhaps too much so. Those with financing deals in place benefit greatly when the share price is low around the time of a tranche, since they have to buy shares within 30 days of the tranche. Obviously, they would then like to see the sp & vol go way up so that selling those mandated shares pays for the tranche plus a little pocket change.
Since they'd want people who sold in December to rush back in for the next rocket launch, and there's the whole 30-day thingy, I foresee launch time more towards the end of January.