Post by
EthanDTrader on Jun 12, 2023 9:21am
Octagon Good for Longs
I think IR shared the projected expectations in DM and they believed it was a good deal acceptiing Share based compensation.
The only reason Octagon accepted is because they believe the SP may be driven considerably higher.
Comment by
Resilience19 on Jun 12, 2023 9:31am
...or perhaps Octagon saw that DM's sp is near its multi-year low and has little downward potential - meaning that, at worst they lose a little or are in the money and, at best, are doing better or significantly better. Hence, very low risk of losing either way.
Comment by
EthanDTrader on Jun 12, 2023 9:49am
You are possibly right in one of the assumptions. Actually , You did a description of my methodology and backed me via your explanation why I maintain that anything closer than 0.06 is a buy ..