OTCPK:ICPVF - Post by User
Comment by
FreddieMacon Jun 14, 2021 11:09am
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Post# 33381503
RE:One step at a time. Don’t rush ahead of yourself
RE:One step at a time. Don’t rush ahead of yourselfNEWS FLASH:
IPL is now (as of 11:07 EST June 14th) trading BELOW the offer price from PPL.
PPL trading at $ 40.40
IPL trading at $ 20.10 Maxmoe wrote: Brookfield will fail in a week. I can wait a week. That's the next step. Ppl made the same foolish mistake bip made. They bid as low as possible trying to get a bargain. They should have made a knock out punch bid to just send bip away with their own tidy little profit. Step 2 ? Let's see if bip ups their bid again, walks, or a third player enters the play. Maybe that's who's been buying the stock lately. It's very interesting that IPL has NEVER traded below the bid. Round 1 nor round 2. Typically, when a deal is "done" the stock trades at a small discount for investors that don't want to wait and arbs buy it for a few bucks. It does not look like it's over yet. The current bids are both still a bargain. That's what the millions of shares trading above the bid is loudly telling you. Will PPL win a month from now? Why worry about it until it's time to ? I'll leave the daily gyrations to the day traders.