Post by
Profit79 on Mar 01, 2013 10:37am
IMC
Im really impressed to see the SP hold steady as well, but im not sure if this is becasue the IMC deal is perceived to be on or not. If most people believe the deal is still on then that might already be priced into this stock, as the market is usually efficient like that. Otherwise the next big increase in share price would be a buyout announcement, or actualy production figures.
Comment by
Majormac79 on Mar 01, 2013 11:38am
I doubt a buyout, I suspect that is what Brian was pushing for and burned him in the end.
Comment by
Profit79 on Mar 01, 2013 12:21pm
You are most likely right, he probably wanted to just get bought out as opposed to actually trying to get the deal done, makes me wonder how far along this deal actually is then? It would sure be nice to get a hearbeat from the company.