RE:RE:Greenhill advised Blackstone in the past on Health acq.I don't see many up 10% days as they already played the buyout card to no avail. The whole industry is fighting a technical tide and negative headlines aren't helping. Peter Hodsons on tonight and a top pick might help, but the last top pick this week was a wash in a day. We're at the mercy of the shorts headlines until earnings and who knows where the shareprice will be by then. The company could beat and the shorts may keep pounding it to keep sentiment low.
MichaelSilvia1 wrote: The company is priced to miss earnings and default or something.
When they meet expectations, or even slightly miss, the shorts probably won't care. But the MD&A will be telling. MT is motivated to get his shares back to even atleast. And I'm sure there is pressure from funds to move this back up. A deal with private equity makes the most sense at this point since the market is making absolutely no sense. Up or down 10% on any given day, depending on other companies or self-proclaimed shorts writing biased or completely BS reports.