Post by
woolco on Mar 29, 2019 8:47am
Acquisition Talks seem to be moving quickly based
on stock price move.
Bid this AM 33.5...so up 30% from low in a week.
Or at least there seems to be a big move to the demand side of the trade....and sell side is now on the sidelines waiting for the buyout.
Should be a fun ride!!
60 cents + is my personal target for the acquisition price, given stock option levels for inside managment.
Exon....lets speed up the due diligence ...this is a no brainer tuck in....right on their strategy!
Comment by
wittmann on Mar 29, 2019 11:01pm
Your ride is going the wrong way lol.Lesson learned about predictions ...especially premarket.This was the end of the first quarter so it's always a screw up.You do know that though...right?Unpredictable time...every single oilco I own is down today except KEL.and that includes most US oilco's..and that's despite oil being nicely up. I expect Monday to be different .