RE:RE:RE:RE:RE:Will close below $8.50Miran wrote: skyplt wrote: The most useful information on this board today is the comparison between SU and COS public relations. I sincerely hope COS management is busy finding an alternate offer behind the scenes. SU has indicated three times (of which we know) an interest to buy. Does IMO really want to risk SU having majority? Seems unlikely. I am certainly nervous, but not a seller at these prices.
Do you actually think that IMO would be interested? If they did, do you think that SU would of low balled the offer? SU already knows that IMO is not intereted otherwise like I said their offer would of been close the the bid back in April.
SU even came back with an even lower bid than in April.
I sold the day it was anounced for a fairly good profit in a very short time. (3days).
Sometime your first offer is your best offer....
The market already knows the deal isn;t going to happen.
SU is trading @ $37, COS is trading below the bid
$37 x .25=$9.25
COS trrading @ $8.65