volume probably due to buying in anticipation of index rebalancing. look at the holder's list, a lot of institutional holders are index based strategies. some funds attempt to front run the index strategy funds before such funds rebalance their own portfolios come Friday. this of course has nothing to do with RAD fundamentals, but doesn't hurt the stock price.
Why are you surprised? Can you explain the 13% drop from the peak of $3.15 down to $2.74 after RAD beat consensus earnings on Jun 20th? RAD is simply heading back to its 52-wk high like WAG & CVS, albeit with more volatility.
Okay, you got both sides of the perspective, the long and the short of it. No news, there for, speculation maybe. I read the fool with a grain of salt, read seeking alpha with a grain of salt, you can find bloggers on both sides of the fence.
Figure I am not privy to inside info, so sold portion today at just under $3.00. Figured, OK, no"public" information is available to explain the jump, so, if I sold too soon because of "leaked" info, yeah maybe I have a part in a class action lawsuit. Me figure just RAD around the $3.00 range. $3.00 - $3.15 a hard one for this thing to hold, sold 1/3, now wait and see.