RE:Good feedback to my theory of a 50 usd buyoutRoller007 wrote: It has to be in that range,
it has to sell,
it's not leaked yet
this has been in the works for six months
is just a matter of time, and not much time
no way we see another earnings report
im not previliged to any special info, I said it before and will say it again, watch closely everything and you will see that this is the end game for Cxr and the time is now and at whatever price they can get
pay very close attention to the trading in New York.
We can see 35 or 55 in a week, my guess is as good as anyone's else, but the buyout is the only way investors can salvage the maximum out of Cxr which is at the end of the day the name of this game.
No way I will be trying to trade this with the nice intraday swings, it's tempering, but the news will hit suddenly and I don't want to get caught without the maximum amount of shares I can hold.
No hate here Roller, but if you're so sure and foresightful, why don't you just buy a boatload of options and make even more money ? You say no way we see another earnings report...I'm not so sure. Next one is in August...not so far away after all. It is a possibility that PE is waiting for the next earnings release. However, since this company is owned mainly by institutional investors, I'm sure something is being talked about with potential buyers and the management. The timeline is just too much of a guess here although you seem pretty sure of yourself. GL.