They are people like you and I. They have bitcoins that they invest in shares. They have needs in real life. Some of their investments they can keep for long periods so that they can reap the rewards. Some, they can't. The liquidity on Havelock is not exactly great. Combined with the fact that dividends have ceased, and communications are minimal, and that things don't seem to be moving, some people cannot/will not wait, so more shares are being sold than bought, thus driving the price down. Look at the chart of every stock on Havelock. All of them go down in time. AM is no exception. Some people are coming to the conclusion that there is no money to be made there in the long term.

Personally, I think it will go back up as soon as some dividends start to come in and also when Friedcat posts something so people can be more assured.