Or maybe BOD pushed to get the deal done because they were in a hurry to get the cash. We will never know, but you are right if you refer to the deal as "bent-over-the-barrel". I sure would have liked to see another deal. Or else they could have at least try to explain why they accepted these "bad" conditions... Let's hope it was the last bump in the road and we can start our way up again.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.