Thanks T. My point is he wasn't a director/employee post Glaucus...

Thanks T. My point is he wasn't a director/employee post Glaucus report and therefore resigned and decided to make a takeover play. He may have had a fairly good idea skeletons would appear once he left and hedged his own holding by shorting, a good chunk at least, believing the stock would crash at some point soon. A week ago the T/O price of $2.00 was talked about. Considering the last two days I'd be happy with $1.00 and my guess is so would many longs. We might well see a low ball offer in the next week or so for T.O.

DYOR, IMO