RE:Share volumeAll the more reason for long term holders to have no respect for French. First he sells out the company to preserve his job and secondly some of us are already in the red at $2.20. With each week that the deal does not close it just ties up our money longer. Sure we can sell but even at a deeper loss and don't think for one minute the MM don't know that the weakest will take deeper losses while they manipulate the stock lover until closure if and when that happens.
With the accounting/tax issue finally resolved BNK is poised for upward momentum when oil rebounds. I am still hoping the deal falls through and French and company are replaced with new management. Sure it will mean waiting much longer but the reward will be a $3 plus stock down the road or EOY. I would gladly exit this dog and pony show at break even.