Vegas, any chance that some of the short shares are tied to the notes? Couldn't a fund employ such a strategy - a convertible hedge? The current stock price has moved into a territory where all naked shorts are now upside down (unless they're new shorts as of today). Depending on their risk tolerance, I would guess that many are beginning to sweat just a bit more. I suspect we are very close to a tipping point. I'm just wondering if the end game is indeed the conversion and then a move to take the company private. Or it may simply be a move to free up all of the money for better return options currently available.
News 
Market Data 
Discover 
