GREY:ISYRF - Post by User
Comment by
humppyuson Oct 31, 2019 3:02pm
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Post# 30293538
RE:RE:RE:Q3 & Q4 Earnings & The Market's Opinion
RE:RE:RE:Q3 & Q4 Earnings & The Market's OpinionI am waiting for the LTRX call later today. I will see if they can put some air into their SP and pull ITC up with it. If there is someone hiding around the corner with a better offer I suspect it will show up not long after ITC's Q3 release.
If ITC lays a Q3 turd and stops hyping Q4 then this is the best deal we will get. Right now both LTRX and ITC are trading in sync. LTRX is off .09226% from yesterday's close and ITC is trading .09226 off the 1.68 price and is 1.54 - 1.55. So at this point nobody is betting on a competing bid.
From what I have read on their chat board it appears the reason for the aquisition has not been made clear to their shareholders.