thought there would be more spec buyers

Hi,
I had been wondering if any speculative buyers would jump in over the course of late March in the leadup to the BFS release.
I'd imagined that as it has been communicated for some time that the bfs is coming in late March anyone wanting to buy CJO hoping for a good bfs, would wait till it got closer then start stocking up so they didnt have their cash sitting idle for too long in this stock in the Jan Feb period.
Looks like its not happening and I was totally wrong, people are happy to wait till after the study and reduce their risk for the price of increased sp.