As a holder of REY, which GNM holders 17% of shares, I think the current SP drop below 25c is company's own selling behavior.
There is 22.5M options @25c expires on 31/12/2008, and a falling price under 25c causes options holders lost their interest to excise their options.
When I realized, and want to buy some, the market was closed.
Good luck to every holder.
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