Hey Sting, look at this. Really interesting article. I really do think this may be going on even though it would be pushing the envelope in a big way with the rules. However, in the end, the longs that held on down here or bought sure would be in a great position going forward. Maybe this also could be part of the refi terms in reducing dilition and thus increasing the equity for Vicis and Jana? Could Jana have skirted a form 4 sale because they actually sold the stock back to the company for a higher price or took something in trade from Arcadia? Really interesting theory considering there are many areas of what is going on here where this would make some sense.
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.