RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I Think Managment Should Accept A Take-Over Offer of $50+So your telling me there's offers on the table and no buyout premium? Sorry, that just doesn't make sense. We'll all find out rather quickly if it "leaks" that potential suitors have withdrawn. But lets hope that doesn't happen.
terminator007 wrote: well, you sound like Cohodes' chicken, but there is no BO premium at this moment. Nada. Zero.
People who had to sell already sold. Those who are staying are long and strong. Good luck covering short.
Craigbad wrote: Nope, long position strictly for a buyout. I think it blows up in the short term without a buyout premium. Nhs is already recommending doctors ditch prescribing one high profit Amco drug, i'm dubious about the pipeline, and not interested in finding out if MT is worth his $9 million salary. Lots of great charts out there of which this isn't one, but i don't mind gambling for a short term payout here.
terminator007 wrote: You were short, right? How about your short position? Will you break-even or down even more?
Craigbad wrote: That would be awesome, i'd be almost 70% up from todays close and could reinvest and get a return on that with any luck!
terminator007 wrote: Did not you hear "there is an apetite and desire to come out........"
I'm ready to sell at 50 cad, with a deal price 55 cad. How about this?
Craigbad wrote: If there was a credible rumor of closing, the stock would close roughly 10% below said price. That would mean by todays close the rumored price would be around $33. Lol
be patient, brexit vote is June 23rd and Bnn reported that its contingent on the outcome for pricing. Likely going to be some big volatility until then. If the deal gets pulled, be ready.
yrmac wrote: Terminator $50 usd or cdn Thank Have a nice week-end