GREY:GRFJF - Post by User
Comment by
make_rubleson Feb 13, 2009 3:25pm
439 Views
Post# 15778162
RE: Stock Issuance?
RE: Stock Issuance?As I've posted already my bet WGI is being acquired rather than doing the acquiring. Price looks to be held down for sure. Likely because the takeout price will be a trailing average price of some number of days at the time of any announcement. Keep the price down and the premium looks higher on paper since the trailing average price is lower. I had heard the deal would come by end of month so let's see if this rumor plays out.
This is all based on rumors I heard so do your own DD.
Good Luck!