Consider this...................when the share price dropped to $4.81 last, the short position stayed intact. What you and I think about the value of the assets is irrelevant. Whining about the the share price (like I was doing) and being irate because the market is not recognizing the true value of LEG means nothing. The market doesn't care.
Apparently short LEG is the place to be. That's where the money is being made. This will drop down there again, I'll cover, make a nice tidy profit and then go long. This IS going to go down. No amount of whining and complaining is going to change it. There is nothing in the cards for 2014 that will change things to the upside. There is no catalyst.
.....and Eric Nuttall, up yours for steering the longs into this stock.