I guess the problem is that he has so much money that Nuan's drop is hardly noticable to him. The fact still remains that he his holding a big chunk of Nuan's shares, and he appears ready to push his agenda at his first opportunity. The last couple of weeks have been tough for longs, but none of us really knows what the future will bring.
Something strange is going on with the stock. Earnings this quarter have got to be very bad, much worse than expected, and information has been leaked. CI didn't buy into this company to lose money, and he's got to know the earnings report is crapola. So after the report, things will start to happen. What those things are is open to discussion. Management changes, buyout, etc.. Lot's of possibilities. But something will happen. Good for shareholders, I don't know.
If material information has been leaked, Ricci and company will really be on the hot seat. It will be just one more reason to dump Ricci. CI would seize any such opportunity and work it to his advantage.
Look at it this way...CI just raised a TON of money from selling Netflix...That money will be deployed very soon...Carl sells because he has a better buy....& CI is NOT done with NUAN..in fact he is Just Starting....