Harold, right now it does not look that way. But who knows, that July 27th date is looming. Of course, last time, they were persuaded to forgo the floorless feature, so, if history is a dictum, one should assume that they may forgo this feature again. I still do not understand why they have that feature in if they are not going to use it. The only additional thing, Harold, is that one of these days, they may be discouraged by the "cry Wolf" syndrome, and then they may use it. I would guess that if this is coming, they would probably engineer another rally above $8 to reestablish their hedge position and then some.
Zeev |
