it never exist , they make it up and they put an end to it by rejecting the rumor. don't you still not realize it?!
All I know is they turned down a $50 dollars buyout and stock zoomed over $50 and now is under $35. Are they stupid to say no to the $50 offer?
Do they know something that shareholders don't to refuse a $50 dollars offer and now we are looking at huge pull back below $35?
No, not seeing this anywhere. doubt it big time not the type of business they would buy. Where did you get this from? TIA even thought for some reason I doubt you reply.
That is pretty sad, considering it was around $50+ recently. Longs will be short sold.. $70+ would be a good price.
There timing is simply the best! I shorted the market prior to it plummeting and made money, and went long when I received there daily video saying to buy at the bottom and again bigtime in the money on both calls! There daily video its free, and maybe it can help you like it has helped me.
Visit StockMarketVideot (Google them)
RAX is not ready to be acquired at a price that rewards shareholders. There is plenty of room for this stock, which first needs to recover from its bashing over the last weeks for no real reason other than over-reaction to 2Q conservative guidance, which reflected it's needed gear up to increased marketing to large enterprise. To this investor, its business is right on target in a bad-enough economy that has spooked large enterprise from near term cloud initiatives, and that will be overcome.
Whenever a company's stock drops 10 or 20%, the rumor mill starts to pull in the suckers. It happens on every message board. Looks like companies like IBM or MSFT etc.. will start acquiring 10 or 20 companies left right in next couple of months.