You've got it backwards.
FROGGY,,,YOU TALK ABOUT THE O/S BEING EATEN UP BUT REALLY LET'S BE TRUTHFUL, BY RCCH GIVING THE FULL AMOUNT OF SHARES FOR SALE THEY ARE LEAVING THEIR COMPANY OPEN FOR A TAKEOVER....THEY NEED TO KEEP 50%,,,
Step back and think about what other options a smart CEO would have under the circumstances. If the company was worth anything and the CEO knew its value, why wouldn't he take it private? It would be so simple for him to put together a couple of friends and form a consortium. If, in fact, the price had been falsely driven down by shorting or other outside forces, why wouldn't he take advantage of the situation? For a very small amount of money he could gain complete ownership of the company for pennies on the dollar. Taking it private would take it out of the realm of those underhanded market forces he claims to be battling. Taking it private would force the short squeeze that he wants to see.
So, why didn't that happen, instead of the printing, selling and settling of billions and billions of shares?
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