RE:IMHO -Shylock - 'Some did sell on the news, getting as high as $1.16, still way below what ICG was worth.'
Actually, on that day, that is exactly what ICG was worth, regardless of what you or anybody else thinks. That's the market. It's not for everyone.
Does anyone think deJong or Salamis (or anyone) knew what ELD (or any stock) share price was going to do in the future? The answer is no. The market is hard to predict. The market sets the value of public companies.
Some of you may think you got ripped off and your ICG shares were worth much more, but they are not and you are wrong. We have to ask ourselves how much we really know, and answer honestly.