You sir need to re-read my message. I did not say I would get back in at $10. I think I said I may get back or go back to $10. There is nothing to drive this stock up. All the Blum and company money has been invested for the time being to drive this stock up. By the way I did not short this stock and never would. I don't short stock much. Anyway down from here.
You are mistaken that Blum Capital Partners are totally invested in the stock. They had a statement of ownership of 4,996,043 on March 17,05. Since then they have purchased approx 1,495,000 shares at prices of $12.24. That means they still have permission to buy 3.5 million more shares. Also ERES themselves are planning on buying 10 million shares. So I disagree with you that there is nothing to drive up the stock!!!!!
I was watching Level II trading on Ameritrade. They have a 3-Screen and I was watching the bids and asks. I saw an incredible wall of green go up at $12.45. It was like a big fish swallowing all the little fish. The big boys are eating.