IMO, SCLN is done for. I do not see where the Cavazzas have a choice. They already own 19% SCLN.....and to continue as is for SCLN makes no sense. because at some point a couple years down SCLN will need money. And they will never get it easily without large dilution, which will hurt Sigma Tau even more. Far better for Sigma Tau to take out SCLn. But it will be a fight But SCLN mgmt wil lose, imo. If volume stays high, like it is......and we steady out........I do not see who else would buy such a large amount of SCLN now...except the only entity that uses and understands it. Sigma TAu. if thry are buying to protect their investment, we will know by next tuesday.
chain.....contrary indicator? buy, buy, buy? when did I say sell, sell, sell! I have not! I did get out of 1/2 of my stock between $2.60 and $2.70. Just to be prudent. Not much I can do on the opions tbut I never said sell, sell, sell.nor have I said buy buy buy. I'm just hanging.cuz I do not know why to buy here on this news..buut I small SCLN is definitely in play now for the other assets it has. And that could give a bounce if Cavazzas do what I think they might. That is what I would do if I were them. Crunch the numbers.cavazzas are imo!