Transmeta (Semiconductor) (TMTA)

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Well, I think you try to increase the amount of shares outstanding infinitely in case of a takeover. So nobody could buy all the shares. (Since the discount shares are sold immediatly and bought with a new right to buy add. discount shares attached)
Seems the market reacted slightly negative to those news. (or was it due to the rather negative CC of Intc yesterday?) Guess, people who speculated for a takeover are selling their shares. So interestingly, some people expected a buyout.
Or am I wrong?
Since I believe the TMTA story, I am quite happy about the pp. Didn't like this company to be bought out. Think in the long run it's better if they try it their own way.