In addition, ASTM has been out working this deal on the Street for months, and many investors are now locked out of the deal as Eastern Capital took the whole enchilada.
Thus, those investors that ASTM has been courting are now buying on the open market just like the short sellers.
We are very pleased with the "investor friendly" financing that the company has delivered for their shareholders, and we look forward to a productive 2012 for ASTM. The stock is a buy under $3.50.