Hey Balance, great posts this weekend. One thing to add to your post is the way this traded after the crash. I said earlier that given the amount of shares sold after, we should have touched the teens and probably settled in the twenties... without question. Who was standing in front of the free fall absorbing millions of shares??? Sure as shittake nobody on this board has that much capital and balls. It was someone in the know, with the funds to buy up everything the market gave to them. Also I noticed that they never bought up enough to move it the other way, just enough to absorb. Even later on this week this trend continued. Large buys all over the place. For a stock that can be moved by a few hundred thousand either way, this trading was not normal and very obvious to this investor anyway. A huge reason why I didn't bail FWIW.
IMO Peter, after having his name and reputation trashed here for ever and a day, probably doesn't have one iota of love for the shareholders here. He most likely welcomed a good old fleecing of the ankle biters and bid them a bon voyage. What does he care?? He has one boss, and one boss only. He just has to stay within the legal limits..... which he barely did at the meeting.
As always, there's more to this than meets the eye. IMO you're probably closer to the reality of the situation with your posts this weekend. Offor just hasn't come to a deal yet, plain and simple.
Good luck to your yours.
Cheers.
