Where do you get this from?

While investors may have renewed optimism following the stimulus announcement... I personally believe what will happen is a wave of disappointment instead. More due to the general mood rather than what's in the stimulus itself. Too many people are likely to think... "is that it?"

I'm just trying to put things into perspective here...

Seems to be a lot of insinuation that CEOs run their companies with an eye on the share price and thinking of how to "take advantage" of minority public shareholders. That's just not how you run a business. Ask your auditor friends what generally goes on in board meetings, budgets, plans, etc... its about growing the business, managing during downturns, making big decisions. I've never seen any Company where the first item in meetings is stock price. How much time do you think the directors of Genting spend wondering if their shareprice will drop below $3? The discussions now is about how to retain top talent when stock options are greatly under water, breaching debt covenents, how to raise funding without using equity, that kind of thing.

Well said, though why a bank would lend a company money for what is in substance the company's own shares as collateral. There are costs to being public, but many benefits as well. Having incurred the expense and put systems into place for being a public company, it's not very clear to me the great incentive to privatise Resorts. Company's can always buyback their shares and re-issue later at a higher price, if the goal is to obtain financing in this manner. Perhaps somebody can better explain to me what is the incentive for management to privatise. There are many companies out there whose book value or liquid assets exceeds the current market value, yet privatisations aren't common place.