GREY:CRIUF - Post by User
Comment by
SirHumpsAloton Feb 16, 2019 2:36pm
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Post# 29375522
RE:Vistra
RE:VistraIt is more likely that Vistra was behind the short report and short attacks that happened during 2018. Driving teh price lower gave them the opportunity to pay what they wanted to. There is still time for another offer.... but time is running out.
rico91 wrote: I for one think that Sotypical makes a very good point. Vistra must have been thinking about making an offer for Crius for quite some time. That being the case, they may well have been accumulating shares in the $4-5 range before making an offer that they thought they would need to make in order to be accepted.
If the offer was not accepted, they could then sell the shares that they accquired for a very nice profit !
There would be no reason to wait for the price to go to $7.50 before starting to buy !
JMHO
Rico