Yeah, with this stock every time there is a big move something is announced shortly after. There is alot that needs to be resolved within the next week or two so hopefully it is a positive leak with substance. We will see....
In my view, this is simply a reaction to the recent over-reaction to the (expected) Moody announcement (that simply reflects the flow of the delayed installment payments and Moody's inability to rate UNITEK because of the delay in filings, and, as such, means precisely nothing) and the back and forth with the installment payments and the refinancing (which also means very little to nothing.)
With a price drop like this (from $2 to $1.35) on non-events, it is to be expected that someone sees an opportunity to buy with the expectation that there will be a rebound.
The moody's announcement meant very little, but the financing has come to a head. The meeting, according to the filing had to be done by the 14th. For the parties to meet I would think the filings would need to be complete, and for that matter filed. Can't imagine a deal worked out without everyone having a full picture of the business. They will have to show a capital structure that is sound(able to repay & allow the company to compete and grow) moving forward. UNITEK will have to sell the plan, which could always go sour. I am betting it won't, but I think the share price movement has merit.