GREY:TWNNF - Post by User
Comment by
MERC24on May 16, 2012 9:24am
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Post# 19914496
RE: NO Deal - IMG Can Pound Salt
RE: NO Deal - IMG Can Pound Salt Sorry I know I should not comment but had to. Are you for real. Do you see what is happening in the market? If there was no buyout from IMG, TRR would be at 1.70 at best today. Ever junior is down HUGE in the last 2 weeks. Even the majors are setting new 52 week lows. My guess is IMG is hoping for a no vote to get out of the deal. They paid to much and they know it. There are far better deals out there for them right now for millions less. Do not be greedy in these times. If IMG walks, you will see 1.70 TRR price and the look out for another to come in and take them out at 2.50. Greed kills. I have been there and felt it. Learn from your erros people.