here is why. Lets say ANLT management is using their ANLT shares for the ability to margin to buy other securities. Well then if(shares) they go into a cash account then they cannot use them to margin. Losing diversification. NOW I do not know if the shares are in cash account or not. Just using your assumptions. So if they went into a cash account they might have to sell more shares to keep diversified. Your argument makes sense. I personally feel that if they are using their shares to margin then that means they see little downside risk for anlt shares.
I purely base the recent downside on the downgrade and the conference call. Personally I do not understand how the short interest did not go up a lot from july to august. I certainly doubled mine. Especially into the barrington recommendation in Barron's. A week after the recommendation Barron's published insider selling in ANLT. Kind of negating the whole Barrington push. It was beautiful. But now I am long, because as they say , I do not know who, but they say it, the shit has hit the fan.
Please someone come up with a concrete not to own this stock besides what we already know.