Here is what Joe said... so 12.4 million shares
Post# of 36537
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so 12.4 million shares to chew threw while a dividend is going on with no trading causing a panic, let’s see so either when their is pressure like this on selling once they are out the pressure is off, then do you believe the price will go up, that’s the only intelligent question and then it’s your answer!
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Pleasant surprise is not the reason, it means the downside pressure Is slowly coming off the stock (12.4 million shares), so on a bad news day up 10 percent u think it’s a please at surprise so then what happens when they are done?
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So he said a logical expectation is that the stock will go up once the selling pressure from the 12.4 million shares is done. He never said it WILL go up. It will still take people wanting to buy.