IMHO, job 1 has to be to manage the share price until it stabilizes at  an appropriate value w/o a big sell off.  Until that cycle is fixed, it will continue to create problems for acquistion, merger or whatever else Patriot wants to do.  I know they do not have a big red button, but there are things they can do to fix the problem.   Like.

Completely eliminate Swartz from the picture.

Give priority to buying back shares as long as the share price remians undervalued.

Let the investing community know that is the immediate plan.  M&A only after the sp is fixed. 

Opty