I can fully understand why the stock went from 9 to under 7 but
what I do not understand why it went to over in the first place. Don't people know that this trust life is very much numbered? Did the people that bought this trust not know the life span of the trust. It is most important part of any trusts!
People that just look at the yield bought it up thinking they were getting a bargain. Probably the same people now crying about manipulation and short seller attacks on media. They'll do a lot better if they stop blaming others for their lack of research and understanding of their investments.
Its not just WHX. I see it time and again with many trusts. A few of us try to tell others what going to happen but we are just called names. Oh well its their money.