Market professionals, please explain: RDN has 83% institutional ownership, meaning "smart money" (I use the term loosely here) is heavily invested in this company. I'm looking at their earnings over the past 3 years and, well, there aren't any. 2007: -3.70/EPS 2008: -9.51/EPS 2009: -1.80/EPS Projected earnings: 2010: -2.96/EPS 2011: -0.98/EPS It appears that in July 2008 and March 2009, they were trading around 1.00/share, close to a fair valuation, I guess. But as recently as just over a week ago they hit a 52-week high. Why? Why were people bidding up this stock over the past 6 months?