RE: RE: RE: RE: no manipulation here -- only demonAll good points.
I think another thing we're definitely seeing right now is an attempt to put a bit of a safety margin on all those 8.5 cent options that are out there now.
When it does the 10:1 rollback, I'm sure all the holder of those cheap warrants don't want the price to dip below 85 cents. Virtually every rollback that I've ever seen with these kinds of venture plays results in a drop in the share price after the rollback.
I think the various holders of those 8.5 (=85 cents after rollback) options are pushing right now to give themselves some buffer so that they don't start off in the recapitalized stock with options that are higher than the share price.
Just like there was a push to chase it down to get the lowest possible legit option repricing in Aug, now the larger holders are probably giving it a bit of boost before the rollback. Nice to be along for the ride :-).
And definitely they have other things going for them including a nice solid cash position.