I don't think it's a 'pattern' per se, but there is something 'interesting' going on. Overall, MHI is trading in a very narrow range. I'm not precisely sure of the mechanics, but looking at the announcements and SSHs there is clearly a buyer in the market, but who appears to be (at this stage) mostly mopping up small sellers. I'm not sure why the price keeps dropping. Perhaps Mr Peters and his associates stop buying, wait for nerves to set in, and when the price really starts falling and there is a row of willing sellers, they swoop[?]. Certainly, the stays static on very thin volume, falls on thin volume, and then rises on large volume. Thus, if the price does drop again, it seems possible that there may be another big buy order. If the buy order doesn't come through, then the price may not rebound. Will you call his bluff?