Post by
Ghosttrader11 on Oct 23, 2018 10:21am
Why is ICC going down...
As far as i know 20-day VWAP is not set yet, so why is ICC going down so much? Should be tied to 1,95$. Am i missing something?
Comment by
Ghosttrader11 on Oct 23, 2018 10:47am
Exactly my thoughts... I sold last week at 1,88 and now i am seriously thinking about buying back the whole pack at 1,57... should be guaranteed 0,38$... not too bad.
Comment by
Sid123 on Oct 23, 2018 11:05am
Nice to see the old group back. I went back and forth selling ICC at 1.88 and buying ACB at $10 just sold a bunch of ACB and bought back in at $1.58 no brainer if deal goes through
Comment by
BayStreetkid on Oct 23, 2018 2:52pm
Nowhere does it say closing is on the 6th of November. Shareholders vote on the 6th, however it could take another month to close. I believe the Uruguayan government needs to approve the transaction as well.
Comment by
Sid123 on Oct 23, 2018 3:49pm
Correct not a done deal vote Nov 6 and then 20day MVA to be established. ACB looks like it’s going down on NYSE for awhile so this changes everything why not buy ICC and get potential premium