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noretreat

05/12/10 5:03 PM

#31974 RE: TheBunny #31973

IMO, the reason there is no lock is simply volatility. Lock in at $2 and the price soars...bad deal for NNVC. If the price plummets, bad deal for Seaside. Seems only fair to float it and lock in the discount.

It really could be that simple.