RE:RE:Since the bad deal was announced
tylerreddick write : "Well pierre, answer that"... "WTI is up over 10% while PIPE is down 10%"
Why should I waste my time? You simply do not understand.
First of all, the price of PIPE today is about the same (up a few cents maybe) from where it was two days before the announcement. One can see huge buying in the two days preceeding the announcement. In fairness, one should use a pre-announcement price of $2.40/$2.45 range to compare.
Secondly, we have been through that a few months ago: PIPE is mostly a gas producer and, as such, WTI is not that important to its revenues. And you already knew that but you keep mentioning WTI.
You should simply stop posting negativity towards the takeover and enjoy the ride that will come with a YES vote.