RE:Financing Was Obvious and Inevitable Q: "Why would officers, directors or billionaire shareholders risk everything to do such a risky thing."
A: To slash the price, and there's nothing risky about it unless there was a naked short, since the CEO procrastinated for months.
So you think the market generated a 14 million share day on news that existing shareholders failed to get excited about because it was so long anticipated and while good not ground breaking in the slightest.
That suggests to me some really effective hype by market influencers, so then the question is where has that hype been during the rest of Gail's tenure?