What a dilemma for ADY holders. . . do they sell today on this short-lived spike, or do they hold on, get their 1:4 entitlement, and then sell that into the market in 6-8 weeks?
A similar problem for ADY buyers - do they buy today to get the entitlement, with an almost-certain premium on the issue price? If so, can they sell their shares bought today for more than they paid for them, and will the profit on the rights shares exceed the loss on the heads?
