Why do you suppose the merger insiders arent just offering to buy out the small float people? Heck by my calculations there is no more than 25 million shares at $4 a pop. Seems to me that an offer of $8 would do the trick. Whats 200 million to them now. With us gone, they wouldnt have to worry about shorters anymore and they wouldnt have to listen to any little guys remaining. Am I wrong?
++++++++++++++++++++++++ But then the original investors would have to pump in more cash to buy the float and billions more next year to complete the buildout if the credit market won't it to CLWR.
This is probably not what the cash investors had expected to happen, and if they have no appetitite for burning more cash on a questionable business plan who'd blame them? +++++++++++++++++++++++
When I start to look closely at granted options, and see that the start is seemingly in freefall, I start looking closely at granted options. Pretty good compensations at CLWR for what is, and has been going on with the shareholders. Heck they have missed a heck of a lot of estimates and its just been abysmal in my opinion. This latest pump by Wolf was especially hard for me. This is still the USA, the company has 3 billion cash, and I suspect lawyers are lurking on this one. Maybe not.