So now the question is, did they cry wolf about Bk to force all the shorts to sell? Dropping the price to entice a buyout. And if they did, was this the desired effect, or was the over-reaction unexpected? Either way, I continued to build my position from the bargain basement.
imo no wolf crying. Once the doe reply was received it became a mega material event.The balance sheet could not support the operations for too long without much cash coming in.One could still wake up tomm or next Tuesday to a bk filing.