Probably won't close until mid Jan '14. It gives the billionaire boys club the added leverage of year end tax loss selling to help keep the PPS sub 5 so that they can take all the shares. Yes I still believe this is what they will do. Today was nice and all but give it a few days and tell me where we're trading. My strategy is simply to buy shares before the rights deal closes anywhere below 5. Then I don't exercise any of my rights on my existing position and voila .. I've participated in the offering but at a better price. Then, when Wilber and his buddies take all the shares and make a move for the company, I've picked up a few more share to help my miserable average. I only hope they are feeling charitable and bid north of 6-7 for the balance. Frankly, I don't see why they should but my gut feeling is that they will. Keep the peasants happy and all.