IMO, the large institutions know that nothing is happening right away so they are sitting idly by playing other stocks and making money. When it is time to enter this stock, they will.
I said it before, I think all the dates thrown out at us were a tad bit premature shall we say. They never intended on hitting them IMO. KRY needed to raise money to stay afloat and meet operating expenses. So they released this preliminary JV news which sent our stock price soaring, investors in the financing shorted it at those prices and they can now cover at .40 or possibly lower. It also took the heat off mgmt at the AGM. Financing investors are happy because they made money, mgmt is happy because they now have cash and retail is left wondering what's really going on and more importantly when.