I was wondering if the people that made the loan where just taking a short position. Think it that way, What if when they gave the loan where not planning it for a company surviving? Perhaps they thought UNIS was about to default and they just made up the trigger event. Perhaps they were so sure that thought, ok we just go for the trigger even though it's not true, and by the time we go into arbitration unilife has gone bk. Perhaps they were not counting with the AMGEN deal. Perhaps if unilife passes this hard life and manages the arbitration case they need to cover this short position at market and at once which could be a big spike!
UNS Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
