I think the suits also bought in at high prices. and did the muti dollar pp's. They are looking out for their jobs too and are no doubt forcing the price down in order to accumulate and reduce their entry price. That is the GAME...buy low sell high.
A lot of us have been doing the same..and they have until the next big strike to achieve that goal. Once we have a news release of either another hit, a take-over, or a railroad off we will go. $2 to $3 at this point would be a reasonable expectation.
Sooo the goal would be to try to bring your costs below the 1.50 mark minimum...at that I think there is money to be made and I am staying.