I think it is hoped that Gerber will end exclusivity. Thats what all the people on this board are banking on. If Gerber does not end exclusivity it would not fare well for the equity valuation. Why have Rogerson and the debtor groups attempted to deny equity? Its fairly straight forward. The opportunity was there. The good news is as everyone keeps referencing on this board, you have an amazing equity committee with some real power house funds involved and arguably the best attys in the business on our team. I think the prospects of Gerber ending exclusivity are extremely high .
Getting past the exclusivity issue should put a higher floor on the price of our stock, Im somewhat surprized we arent higher already, I base that on the EC PoR valuation and on the knowledge that there are some funds that remain committed to higher prices and for a fact I know that they have increased their holdings significantly in the last week or so.
The 2 funds on the EC are serious people, Vicrtor Kosla is a serious player in the distressed world/ I like having the same position on as he does, his location in the stock is above here.
The hardest part of being long this stock is going to be behind you in the next couple of days, I like our chances
