Chuck,
the merger will cause a short squeeze just like we are all anticipating, once the shell is announced we get the divi of the spinoff, causing clean certs to be produced.
But the best part of the shell method, is we can close, PR the news, and be trading on the exchange through the shell next day.
=]
"AT FIRST EVERY TRULY GREAT ACCOMPLISHMENT, WAS CALLED IMPOSSIBLE" - Fortune Cookie
"A billion here, a Billion there, pretty soon you're talking real money" - Everett Dirksen
ALL POSTS ARE STRICTLY IN MY OPINION.