The question is, would DT really resign a week before the 10K is due?
GH verified cash, Starr can monitor cash anytime it wants, DT signed off on the cash in hand for 2010. One thing that must be certain in all this is that the cash is there, so maybe in the unlikely event that DT did resign perhaps the company is trying to prepare a tender offer to go along with the bad news.
If they would just come out with the bads news then trading would resume and we'd be cooked, so at this point I'll lean toward the news being bad but that management isn't releasing it until they get good news ready to outweigh it. Even with bad news such as that, if they would join with Starr and do a tender offer, dividend, and buyout they could kill shorts in the process.
