You were right!
Shorts didn't buy back their shares, as of this post date the PPS closed at $3.52. The moon was correct, it went there for no reason and has come back down to earth. It lost $1.67 per PPS as of yesterdays close....That's a nice 47% loss, also known as a failed mission in moon terms.
"The board buys back their shares" not sure where this misleading statement came from, but I assure you it is FALSE.
Director Nisi Rudolph sold 250,000 shares @ $5.28 and pocketed a cool $1,320,000 (Million) which only left him with 3,500 shares holding. I think he felt morally bad for taking all that money so he bought a whopping 20,000 shares @ $4.937 which only cost him $98,742, he now holds 23,500 shares. Too bad none of the other insiders had a moral moment. Of course this is very old news, after all, this was all done on January 31st and February 13th respectfully.
It can't be the FORM 4 that was just filed by Director Einhorn Irving, that would be silly to think that. Everyone knows those were OPTIONS, not direct buys. It's part of his welcome BOD package which is nice and FREE.
Now please focus on the REAL facts =)
