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Thursday, June 28, 2012 12:08:01 AM
He only sold 1,000,000 share which may yield maybe $150,000
which won't last very long. So he must believe his window of opportunity to take it private will be in the next 90 days or less. And propablly wants it to go private before any of the big deals are done. If the PPS goes up and stays up for 90 days, he may not have enough capital to take it private.
I may even buy some Bork with a limit order above the ask by .10/share. What would happen if a series of trades went down like that around the close with each trade being 100 shares or maybe even less.
I would just like to upset his apple cart.
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