Competing Offers on the Table. Potential Gap Up Monday.Clearly this has resumed the upward trend that was in progress before the recent pop, a tease of something very significant that is likely to materialize soon. As a result, the company has confirmed discussions with multiple interested parties over several months in the ordinary course of business, and a special committee formed for the specific purpose of reviewing them to determine the most advantageous one.
The sector is recovering as I type. IMO, the price should not have been depressed this low, and those who had the foresight to buy shares low, and were NOT shaken out, will likely profit from this dip. It’s up to you if you want to buy now or after a potential gap up Monday morning.
GLTA