RE:RE:RE:RE:RE:RE:We will find out next week.. pick up your cheap shares..I've asked myself the same question and I would love to hear the answer directly from MT, but when you look back, after it was made public that Blackstone and Carlyle backed out, then The effect of Valeant pricing scandal (that Clinton interview), stock price starts to tank, shorts take advantage of the situation adding fuel along the way as shareholders go into panic mode, margin calls, sell off, I suspect at this point the bidding process Goes sideways due to SP deterioration, then the Brexit Shock putting the end to any bidding process due to uncertainty while adding more fuel to the short cause, and here we are.
I just hope management has come up with a new plan, they need to find a way to pay down debt quicker and add revenue, the fact they have done little to reassure stockholders through all this is puzzling unless they couldn't say much due to being under strategic review (perfect situation for shorts all along with management muzzled) or there is something worse that we don't know about yet. With the move Valeant made today (with clear guidance but not so stellar ER) I would have suspected a better response from Cxr SP. I think the Brexit effect on currency is already priced in, like Valeant today I hope MT can deliver similar or better on Friday.
Manipulation through propaganda playing off of people's emotions for the short cause should be illegal, margin calls only help the cause and what's happen to this stock should be the case study to put an end to it.