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It was extended again, till tonight. They finally got their approvals this week. Likely to close either tomorrow or early next week. Where are people reinvesting their proceeds from the sale?
It is very rare for a tender offer has been extended 5 times which is more than 1.5 months. There must be something wrong with the security checking. I think the MAX security checking is not more than 45 days.
Don’t believe a word of those CNBC guys. Ultimate Stock Alerts (search for them now)
called it right yesterday
It's been a while since I posted. Please forgive my absence. Since SAPE is going the way of the Do Do bird, this will be my last hurrah. Godspeed to all!
I would not call it "huge" call buying, but I would say that a few people took decent positions. Looks to me like a very small number of people.
InfinityStockPicks sent out a message about SAPE on friday. Went in a decent position. Insane gains coming through these guys...So happy. go look them up on google or something.
def higher open interest than avg on the CALL side.. also 500 Nov $20 puts at $3 is interesting. I doubt it will be investigated, given the total profit looks to be under 7 figures.
The SEC doesn't care anymore. they are for sale t the highest bidder