That's pretty obvious. He like me was an investor in EDE, but got out at a more appropriate time. When he was either happy with his profit or cut his loses, knowing the share price would to go lower.
Most smart investors keep an interest in stocks they have owned. In case they see an opptunity to buy back in, if they believe the situation or timing is right. Myself if i wanted to, i could now buy 3 times the amount of shares i previously owned in EDE for the same amount of money. But i won't. As soon ill be able to buy 4 times as many and also my new investments are making me money elsewhere. I'm not so sure that's a dumb as sitting there, just watching your investment go down the drain. But fine everyone invests their own way and the happy ones don't need to abuse or be grumpy. They just smile. As I've said many times. Direct your anger at the management not smarter investors.
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