No specific news. Just another regular deal announced where NHLD was lead manager. But, about 80% of the volume was in 4 big block buys - 1.7 mil to start the day, then 100k, 400K, and 285K. Not chump change or momo stuff.
Only thing I can figure and this is as wild an azz guess as you can get, is that they partnered with LTS to do the deal. LTS is backed by backed by billionaire investor Dr. Phil Frost. LTS has also gone ballistic this year. It would not surprise me to see an initial filing of ownership of NHLD by Frost filed with the SEC in a few days. If that happens and earnings continue like last quarter, I see this at $1+ after May 2014 10Q is filed. JMHO FWIW.
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