I agree with the above. past Mgt has performed poorly but now the market is forcing them to come up with a strategy. At these price levels risk is low. They could liquidate half of their long term care policies at a bargain rate and raise tons of cash. Spinoff the different segments and non-core operations. Let each unit operate independently so there is more accountability. I added to my LEAPS today. Goldman Sachs knows that there is value here along with other tutes. Time to come up with a strategy to increase the return on equity to shareholders. period. At 8 bucks I do not see a lot of risk. Tutes are accumulating shares as we speak because the latest PR basically stated that they are pursuing various options to unlock the value for shareholders and there deadline is 12/31/2015. 50% upside from here. I don't believe they will do a equity offering unless it is with a combination of a spinoff of a division etc. Lots of things could still go wrong....more LTC write down and Mgt no doing anything but like I said above they have to raise cash before year end and they have various options to do so.