OTCPK:GBGPF - Post by User
Comment by
thorgb1on Jan 19, 2018 11:07am
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Post# 27393811
RE:RE:RE:WHAT TO EXPECT TODAY
RE:RE:RE:WHAT TO EXPECT TODAYINVSTIGAT0R wrote: People buying at these levels are absolutely insane. Only 2 options I see happening. Just shows me I will always be ahead in this industry if people are this stupid.
Option #1 ACB ups there offer to around $30 and it is accepted = $5/share loss for everyone in above $30
Option #2 Deal does not go through. CMED cannot support levels above $30 and stock will be a massive sell off. It's not holding at these levels if deal doesn't happen. If anyone would like to jump in and explain how CMED can sustain such levels after a failed deal show me the math please.
Conclusion = Everyone in above $30 most likely to get burnt in the short term.
Option 1: Use your brain. ACB came back to CMED on Wednesday evening with a revised offer. At that time, CMED was trading at $28. You actually think ACB came back with a $30 offer? The offer will be at least $38 will be my guess.
Option 2: CMED + HIP will be fine on their own. At $35 the market cap is only about $750M, still way low considering the valuations in this industry.
Conclusions = Everyone will be fine.