Awk: If things are so good, why are we headed towards $2 on higher than usual volume. I don't buy the arbitrage theory.
Shorts have the same info available to them as we do. They look at our potential and are seeing not much on the immediate horizon. So they short.
You look at this board this weekend--unusally low volume of posts. Is that indicative of interest as a whole? Where are all the big picture guys? BigTim, Wahoo, DooWopGuy and many others. Did the last CC kill them off?
This is hardly like this group, with big ideas in play on the backs of gorillas. What is going on?
I just don't see how anyone can call Feeney a genius, or easily explain away the need to refinance again so soon after the drubbing we took last time. I'm afraid I'm more than a little suspicious of our situation. My antennae say something's up and it probably is not good. Dilution feels like the very least of it.
We obviously do not have the critical info we need. But it looks as if someone does, and I'm not liking what I'm seeing. Rather than arbitrage, it looks to me like more than a few unloading. Many lots are quite small. Not sure that is indicative of arbitrage at work.
Perhaps someone more sophisticated than myself could venture a theory. Last I looked, it was $2.07 on about 1.2M+ shares traded, with a half hour to go. This does not feel like traction to me. Open to any other interpretations, aside from the "Things-Are-Good" Awk blind faith variety--no disrespect intended, Awk.
Bluefang
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