People are jumping ship most likely because of CODI reasons. Can't people who expect breitbrun to have recovery for equity, but not want to deal with CODI, just sell if a plan that hits equity with CODI is confirmed ?
Like bam plan confirmed on a Thursday afternoon, sell Friday.
That is of course if there are any buyers on that Friday..but there are always buyers at .0001
Why must Longs and Shorts hate each other? Can't we all just get aLONG?