I am not an experienced investor. All these notions of market makers, cursed shorters and manipulation of share prices by parties unknown was foreign to me until I stumbled onto this board while doing some DD on Noront and became an avid reader. I am not a conspiry theorist but this JPM situation has me baffled particularly when I read your post. Just who are they working for? Their task is to coordinate discussion with interested parties on potential investment in or acquisition of the company at a time and on terms that produce the best possible value to Noronts shareholders. Who defines what the best possible value is? At what point in time is JPM working for both the purchaser and the vendor in order to get the job done. Clearly it is in a majors best interest to suppress the price. What defence does Noront have to prevent being taken out early as cwallace alluded to? There is just so much ambiguity and conflicting allegiances where JPM is concerned. There job seems to be to juggle it all and make sure everyone walks away with a feeling of success, which usually means the lowest common denominator.
I think the answer to our dilemna certainly does not lie with JPM but on the next few news releases and two or more majors that feel this is a property they have to have. News, competition and corporate egos will be far more effective at maximizing our share price.