With the warrants closing, it is likely we saw some warrant holders shorting yesterday to lock in profits. The bid in MAXF is not strong enough to hold up to sustained selling.Once the warrant pressure ends, we should do fine. Check out MGAM's chart after the warrants were called (when stock was around 20).http://quote.yahoo.com/q?s=mgam&d=c
That spike down to 14.5 on MGAM was were I sold over concerns of the warrants. Dumb move there, won't fall into the same trap here.