It could have made a lot of people a nice gain. In some cases yes it could have made you "rich." The problem is, people started relying on people like tut and not trusting their own DD. I bought the day the merger was announced, but after some extensive DD, I knew there was no chance in hell that CSHD owned the bonds and after listening to Rufus and his wild proclamations, I knew that a SEC halt was inevitatable, so I got out. Rufus really had nothing to loose here. The guy in pennyless. What's the worst that could happen, a couple months in the pokey? At least he could take care of his family. I really believe that had the $15 had been reached, he would have been able to borrow a comparable asset against the company's market cap and he could reflect that in the 10K, but that never happened. When the deadline came and were in danger of dropping to the pinks, he had to fake it and that Mike Alexander would have been real pizzed had that happened because when you go down to the pinks, it's hard to get back up. I also believe that somewhere along the lines, someone was dumping, but who and how much remains to be seen. I guess that's the SEC's job to figure it out.
