I think Pike's play here is inconsequential, in light of all that is surfacing (ie the various lawsuits in the various venues...NY and Florida)
I truly believe an MTV/Viacom lawsuit will eventually come out.
I could care less about his position in SPNG. As hasher can point out, the VWAP consistently went down since the suspension in October, and his $16M acquisition hasn't done a thing to help SPNG!
Wake up...that's 3 months ago. An entire quarter of a fiscal year.
How many 10Ks are they behind?
How many 10Qs are they behind?
Pike is buying for a reason, and not what everyone wants you to believe he's buying for either. IMHO, he's complicit with the whole thing!
Possible covering up of the unregistered shares sold on Black Friday (June 12, 2009). Buying back at 10c from a 28c sale is a pretty nice profit!! [IMHO, for SRFF]