Just looking at the huge volume running through both ABP and ABPR, I cant help but wonder is this day trading or is someone trying to build a position through the rights issue.
I would have thought if it was the daytraders, they would have been posting all day on HC, but not a single post.
I have a feeling we may see a substantial notice come through after this rights issue (besides Kirsh), someone could easily pop up with 10-15%. 37 million rights and 22 million FPO's thru today.
If someone bought enough ABPR's and then converted them, they'd have a very handy stake in the direction of Abacus.
P
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