I'm hoping we don't have too many more of those 100K plus sells ... lord knows there's planty of institutions owning this stock that could do this 5 or 10 more times over the next week or two and hardly put a dent in their share ownership.
Personally, I think you are going to see large lumps of shares sold every few days or week from here on out.
Let's face it, if you bought 5 million shares at $2.50 (or whatever it was), you are looking for a return on that money, and at one point you will start selling chunks of it. Pressure on institutions anymore is very heavy - to produce profit per quarter, and per year. I don't think the 5 million buy-in was a "let's hold this for 2 years and see what happens" purchase, but a "sure thing" for quarterly or yearly profit.
I think this stock is going to start to get rather volitile over the next two months.
I also agree Dean that it really isn't an issue. Each time our beloved Mr. Allan sells shares, the stock goes down for the next two days minimum. Considering he sold friday, I'm sure didnt help this situation. I expect a slow rebound late Tues/early Wed?