He know's exactly what COWN is doing, but he's not gonna share.
There seems to have been a big shake-up among the major TMPS stakeholders here, and Cown was pushed out of the equation. He tried to make a statement by converting and selling, but realized it was a dumb move on his part to sell and adjusted his ask in a big way on friday. In my opinion, COWN's emotions got the best of him.
Of course I could be wrong, but I think there's some truth to my thesis. Only time will tell, and I'm happy control of TMPS is going to someone bigger than COWN, who has been in the business for a long time, has deeper pockets, and wants more access to US Military spending....which he is getting with control of TMPS.
COWN, is a financier, not a defense contractor. He's better off sticking to what he does on wall street.
GLTA