Originally Posted by
FWAAA
Just a WAG as to Morgan Stanley's motivation: Could it be that Morgan Stanley is merely buying stock that it borrowed to sell short a few months ago when the stock hit $7.50 per share? Perhaps MS is covering at the recently lower prices of $2.00 to $3.00 or so?
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I believe I answered this previously. In all likelihood MS bought this for their own hedge fund, or more likely, for a client's hedge fund.