And some still think S&L is our enemy....
posted on
Jun 19, 2007 09:00AM
Anybody think that maybe S&L is still selling to convert? By golly, something stopped the run. How many shares could they have wittled over the past two days? 2M? 3M? How many vested warrants are left? Why still selling after the "overwhelming" Markman rulings? No longer hedging their bet.....
Now, assuming there is some validity to my last post about the PR, what's the other hurdle out there? Oh yea, the warrants. In the current circumstance, if YOU were sitting on millions of warrants, would YOU be converting UNLESS you had the best interest of the company in mind? That is, unless you wanted to place the company in the best long term position? Are you selling shares right now? If you are, I suspect you are a moron.
So, by golly, S&L must be in the same mindset as a PTSC long. They're, obviously IMO, essentially taking a loss (by selling) now for the long term greater good for themselves AND RETAIL.
So now tell me all about how S&L is currently demonstrating their pure greed and desire to screw retail. Instant greed would suggest a hold, not a sell. Unless they want to get those nasty warrants out of the way.
And, again assuming my thoughts re: the PR are correct, isn't their timing just about spot on? Could this too have been a reason for the language in the PR?
I KNOW nuttin'! But this is pretty obvious to me.
SGE