This stock is flashing up 91 cents in AH NY market now.
Anyone with actual book or practical knowledge explain this? (ie- not my high school/wikipedia education of economics and markets)
Im baffled. Is this jump illusionary? (some artifact of shorts being forced to cover/liquidate or something)
SLW has a very strong poison pill in place. In order for that to happen, someone needs to own 10% of SLW. No one does. Same requirement and more for a hostile takeover, no way. I did M & A for 26 years. I will leave my comments short, but there is so much more that I could say about your remark.
Thanks. M&A dude: Can you translate that please? Strong poison pill=no one can buy out SLW or just a hostile takeover is made more difficult.
I dont profess to be an expert, but the way it has been explained to me poison pills stop hostile takeover but dont neccessarily discourage buy outs...especially at a tasty 60/share price.
Curious what people thought about the fact it appears SLW showed a huge accleration in after hours on a Friday.
Is there a trading element creeping into the stock ahead of news on Mon-Tues??
I havent seen this behaivor before in SLW (friday ah spike)
If that happens, I'm going to take early retirement, sell the business, the building, the vehicles, the inventory and live happily ever after...just like in the fairy tales.