funny i had the exact same thoughts. Willing to pay $170 now they can get easily for $110. Seems like a bargain on paper.
they filed chap 7 which should have concluded the cancellation of shares back in early 2013.
Interesting that CEC (buyers of SATC assets) hasn't had the shares cancelled via the Chapter 7.
Will CEC go public using the SATC shell? anything is possible.
Blame it on a 1PM Friday Effect. Almost the worst possible time you could have an FDA approval. If it doesn't hold $13.50 it could get a little ugly.
JMO. I'd still hold for a nice awareness over the weekend and bump come Monday @ market open.
IMO hold until Monday there is a good chance there will be secondary market open gap/bump Monday since news came out last half of the day today (Friday).
Anyone find these matching amounts at least a little surprising or intriguing?