With all due respect, it seems to me that the board and the note holders had the same reaction I had when I read Mr Allen's letter the first time -- as soon as I saw that Frank Wilson was sneaking his way back in I lost faith in this group. Sorry, but FW has, in my opinion, more than a fair share of responsibility for Quintis' dismal fate. No company collapses so fast and so completely after one aggressive short unless it has been rotten to the core.
QIN Price at posting:
29.5¢ Sentiment: None Disclosure: Held