Best reason I can think of to cap this stock is to hope or even undermine this process such that it fails.

Failure on these negotiations would make the minority shareholder's very open to a hostile takeover and keep the expectations low so that the spectrum is stolen not purchased. of course a bidding war could ensue anyways so it all seems kind of pointless, but if nothing else it does put a bit of a threat over the controlling interests that they could to some extent lose complete control ove rthe negotiations and have a result less than desirable for them.

Another potential is a pre news run-up causing the weak hands to sell to realize a profit of some sort given the well founded fear that a breakdown could occur. My thoughts somewhere .75 to 1.00 may shake out the weak hands ... my thought also is that anyone selling until an announcement is crazy .. but some time a bird in thahnad is better than 10 in the bush.

In any case the short term price jockeying of a cpl pennies is pretty meaningless.

orgy