So am I. It also puts GE in the best possible position to squeeze the shorts. If he can hold the pps here until the Offering is finalized, he can certainly make it run after it's over. He's got all the ammunition he needs - BDI is up, ships are being delivered, rates are up, he could choose to pay down debt or buy more assets w/the $100 mil. Diluted NAV is somewhere between $7-$10, and everybody knows it. He could drive pps up any number of ways.
But if the pps doesn't move after the offering and before the end of December, I'd say something is up, and that something isn't likely to be good for shareholders...
