Float is the question...more than a half billion issued and most of it is tied up. Does anyone have an idea as to what the actual float is? That could be the key to some of the strange behavior. I wouldn't be surprised if it is as low as 50 million.
Shares outstanding = 582mm - Float = 445mm - Where do you get 50mm??? The strange behavior you speak of is merely market makers trying to position themselves for the big news and not sure when that will come... so the trading patterns are erratic.