Re: "The reasons are actually pretty obvious..."

Not really. There has been very little financial news released by the company, especially on any progress in renegotiating the credit facility. I live near the company headquarters and on a recent visit found there is no investor relations rep available. Prior to the recent earnings report, only by monitoring the rising notes/bond prices could the investor get a sense that the financials may be improving.

I bought a nice stake @ $1.92 & $2.00 and just sold 25% of it @ $7.00. Holding out for $8.00 but may hold longer if it feels like there is more upside coming.