They took it down on low volume. I said a couple days ago flippers will drive it up then create higher lows on the selloff creating a stair step on the chart from original run. BK's don't get decided in a 2 hour court session. This has been being mediated prior and did not work for company. IMO the judge told them tonget Together and have a settlement in the morning or he will settle it for them. We all know who is in the leverage position right now and it is not the company.
They will be in court early tommorow and likely all day. There is no immediate gratification of a judge just ruling for the hedge even though that will be the likely outcome. The trading today is no indication of what is going on in court. The drop was on very low volume. Most people got scared and flipped out for a loss or wash. ACSM is a merger and acquisition specialist. That is why they are on bid and ask. You have to play inside them and they will raise bid to stay top bidder. Don't sell to them on bid and buy just above them. They are trying to accumulate before news
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