Reaction to Crest's preliminary proxy and higher offer from DT/T-Mobile to acquire PCS?... 2c
Shows how well I can judge the short-term reaction of the market... not well.
The volume and price movement shows almost a flat-line reaction to what I thought was confidence building news. This does fit 'nothing has fundamentally changed'.. and that Crest is operating as the hold-up agitant while Verizon, AT&T are ex parte.. without direct legal sanding in the determinations.
Rolie Polie Guacamole.. its winding along towards conclusion... like a song for kids