Maybe people are figuring out that the quarter will be a huge miss? Considerable hiring - so increased salary costs - but failure to meet sales expectations? loose lips at the company in the sales force?
Well I'm in at around $3 - guess I'll just have to take my chances that management can turn this company around.
I think it had to do with now being off one of the Russell indexes. Someone had to sell. Probably the same folks who ran it up a bit in order to sell. The Russell related selling has been going on for the past week or so. They ran it a bit to get buyers each day and then sold.