"only work if solid news is on the horizon"
Like perhaps the gold and tin results that are due this month? I think talking about CRs before we know what that news will do to the SP is a bit premature. And there's also the fact it looks like the US will finally get rid of the gloomy debt-ceiling cloud that has been depressing all markets.
Having said that, if at some point in the future a CR is attempted, I'd be very happy if it included some concession to all those that held options when they expired. It'd be nice if any CR would include an opportunity for a broad base of investors to support the company they believe in rather than going to a few big investors.
Still, to worry about CRs before the end of this month (or perhaps even next month) seems premature to me. I'm still expecting 1.5c by the end of August with a high likelihood.
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