Your are totally correct re this latest news and action in the stock. The short pestering the SEC to look into ESI's accounting for the RSA's. These RSA's have been in place starting back in 2007. Everything has been disclosed in filings, including the guarantees and the potential cost to ESI if defaults go beyond a certain level. This is such old news now. I am amazed that ESI shares are down on this news, but it is just hyper sensitive investors freaking out because ESI has had a tough go in the past 6 months. What a great buying opportunity.