I think the sell down may be because of the upcoming quarterly and fears that it may reveal that UNS is no longer a going concern. I believe companies are not allowed to operate while technically insovent. Any line of credit would likely have fine print and can pulled. I'm not saying that UNS is insolvent but I believe that the first that shareholders find out about such things is only AFTER a suspension has been called.
UNS Price at posting:
15.5¢ Sentiment: None Disclosure: Not Held
