Big Banc Split Corp T.BNK

Some here havent seen this before

[himmler]

Its simple people.I have' nt got the trading platform to prove it but its always the same.Two things are happening now. and for different reasons.Someone is buying huge amounts of this stock as we speak,hence the huge volume (and range-bound price) ..and the reasons are as I said two-fold.To build up share ownership to veto or accept the deal..or to simply make 30 40 cents on the deal acceptance.
The patterns are mostly the same,and I have had a few of these opportunities before.Ignore all the noise on this board and follow your gut.
IMHO this deal will likely pass,simply because management knows details that will eventually be shared with us retail investors.There is likely a very good reason they are endorsing this deal..
There always is.

[f_the_bankers]

i jumped in here at $1.88 and $1.86. tdwaterhouse research report suggested the deal should be wrapped up by june. so 30 cents per share in approximately 3 months isn't bad. it's about 17% in 3 months.  i also think the deal WILL go through because there is a $20M break fee to the chinese if it does not. plus, the chinese often don't joke around when they make a take-over offer.

[LordIskander]

There is likely a very good reason they are endorsing this deal..   I reckon is the outcome of the independent cost pool audit.