RE:RE:Think positive Very true bull_man. And if they were using brexit as leverage in their negotiations, i don't think for a minute they wouldn't use regulatory scrutiny in the Uk. Valeant just got fined $54 million for activities in a company before they owned them. Phm raised money at $1.50 from big funds, had reimbursement rates cut and now is 20 cents. Nothings for sure in the stock market. I'm hopeful for a buyout, but price action is telling me its a low probability. If this was a sure thing, there wouldn't be an over 60% spread, bay street would be buying this up like crazy if they felt there was an easy 10%.
bull_man wrote: how could you think positive when we all know that whoever is negotiating this deal (either side) doesn't give a rat's a$$ about the shareholders, and that they only care about maximizing their own personal wealth? and how could you think positive now that hilary has a clear path to the presidency? also, brexit polling is showing a virtual tie; let's hope that the ducks will all line up nicely in he next couple of weeks....however fearing a mid-day "leak from reliable source" like last week that apollo (and others) have pulled the plug; ill take $50 canadian in a heartbeat, nice little 60% premium from here, and it makes sense.