"LARGE shareholders disposing of their positions"
Oh, you must mean Swartz who dumped his shares after the "non-executives" and "executives" made several ballyhooed announcements about the MMP and dividends thereby creating a sweet environment in which to do so, how convenient it was.
""implied" obligation to not take any action that would IN ANYWAY damage the shareprice. "
Better check your chronology, the damage was already done.
You and your pal need to get better daily talking points from the board.