Maybe the SB management has found out that there would be no hope to get a RS vote, so they just bought on the market as much as possible at these low price before any major news hit?
Then why didn't you ask during the conference call?!! You knew the managements are crooks, but it'll be your own fault not to point out their redicules publicly!
It is obvious that the bid put a stop on the valuation of this company! Today's S&P Capital IQ's Hold rating (with a price target of $10) clearly indicates this.