Seriously, what sane fiduciary engages in an infinitely risky short position of 20-25% of a public company that is buying back its stock feverishly with massive free cash flow, and then paints himself into a corner by both publicizing his outsized position while antagonizing the one investor on Earth who has the will and skill to eviscerate him?
The board would, within 30 days, review and take a position on any such offer, consistent with its fiduciary duties and in the best interests of shareholders.