I agree with you that this doesn't make sense. But since my earlier post, it's moved up to 13.70+. This last hour is the real test. Will short covering continue to push us up into the close, or profit taking cause us to plunge.
I'm looking at the 5 year chart and it looks to me like the first major support level is around 7.95 and that was way back in mid 2012. Would like to hear some opinions what price this will finally find support.
Going private is a concept I've never heard mentioned before. It worked well with Dell among other companies. It would have to be a fund with very deep pockets, I would think. That would sure put a shock in those large short positions!