ROLLER, There will NOT BE A BUYOUT
I have said this time and time again.
No one will give CXR 65USD when it is trading at $31USD.
CXR is worth at least $65USD.
If the stock gets to $42-45US, then a $65USD offer makes sense.
For KKR or whomever to offer $65USD for
a stock trading at $31 is NUTS.
The top heads of KKR will be chopped if they offer that.
CXR needs to get closer to $65USD or else will not be bought out.
PS: Guys don't say silly things like "I hope it drops $5 so I can get my traders back".
Say "I hope KKR is stupid enought to offer us $65USD tomorrow morning".