It is probably not going to trade more reasonably until after the 3rd quarter 10Q. I'm kewl with that, coz not all of my shares have reached the "long" status yet - I hate paying Uncle Sam all that extra tax revenue when I don't have to.
I agree that this A/S increase has been the strangle hold on this stock, but the question still remains whats the end game and who is the beneficiary. I'm still hoping for a surprise with conventioanl financing on very few shares needed for conversion. I believe that alone would give the stock a huge bump upwards.