Seen this situation many times, when a company goes down the slippery slope of delisting, revokation, borrowing, and commons getting screwed - some listened while others called names. It always seems too coincidental when folks finally get used to the previous take-away, that another take-away implosion happens. Folks here recently posting about awards and share value, then the bomb drops. It's as though they (Management-Tenor-Bondies) were watching commons then crow out, "Time to take some more of those tasty arb proceeds."
What's the glass at now? Less than a quarter-full'ish? With plenty of time for more take-aways.