Its a bit bizarre. A few observations:1. The order book is...

Its a bit bizarre. A few observations:
1. The order book is extremely thin.
2. POG is on the move up over the last month and WMX is down.
3. We are incredibly close the the rights offering price level and stockholders would likely participate if the share price was above the rights level.
4. Funding will likely come with high CR participation.

You would think, given the above, if you were a bigger shareholder you would just take out a few price levels to make the stock pop 10-20%. This would get you the CR participation and funding and then further boost the stock price. It would not only protect your position but give you a pretty good chance of getting a decent return.