RE:RE:RE:RE:Guess the Close - $1.01 Day - $1.05 Weekinfrontofme11 wrote: $1.15 is still an incredible gift to those crazy people still holding shares since it's quite a bump from the pre-announcement price.
I'm thinking 40-50 cents since you have to discount how much time Input Capital's management wasted, lawyer and banker fees, and how foolish Input's management has to look.
$.40-.50? I think there will be a lot of buying before it gets to that price. Also remember that all of management has their shares locked up until this deal closes OR is officially terminated (Oct 31st) - that is a pretty big piece of the float. This company also has about $.90 (?) in cash per share with no debt. I am sure not buying at $1.10 though.