Post by
Boomerthecount1 on Apr 18, 2016 4:43pm
Market never lies
Why somebody pays 2.20 when can be picked up at 1.80? For me this is a big question mark.
Comment by
Holdernko123 on Apr 18, 2016 5:02pm
When LRE was acquired by Chinese investors by $0.52 per share, the share price even dropped to lowest $0.29. you look at now $0.485. BNK will be closed up at 2.20 by the end of June.
Comment by
Bukowski007 on Apr 19, 2016 5:43pm
"They" want all the shares. If they tried to buy them all on the open market, the price would go stratus...
Comment by
TradingForMe on Apr 19, 2016 11:14pm
This post has been removed in accordance with Community Policy
Comment by
waitingstill on Apr 19, 2016 11:49pm
Agreed TradingForMe. Put in my 5th tranche bid at $1.80 today. Wonder if it will get filled. I would rather have my money here instead of sitting on the sidelines collecting dust.
Comment by
deepblue on Apr 19, 2016 6:31pm
Its trading at $1.80 for a reason. Once the deal falls through and it will be back to $1.00 in a heartbeat.
Comment by
bago on Apr 20, 2016 4:55pm
This isn't PRE....oil up to 44 even if there is no deal but there is this 1.5 minimum anyways. I bought another 25k shares today and think I'm done as I'm all in energy and it's been a great day. BNK a good hedge right now incase some others pull back but this will be easy money....glta