The person who sold read the same article we all read, that it may finalize in January but February looks more promising for the DA to be signed.
Maybe he knows something we don't know. If the DA isn't signed by February 1, 2012, he believes the stock will tumble lower than $1.30 maybe even go below $1.00. If that is true and it does happen he then can buy back at the going price price on February 1, 2012 plus have a 2011 tax loss.
If he was wrong - he has a tax write off for 2011, if he's right we all wish we did the same as he did!!!.