If the Fair Value Price LBO of the company is $2.55 plus a premium of 35%, then the PPS would be around $3.50. What would the Short Squeeze effect on that? Didn't the PPS come real close to $3.30 about a month ago, but there was a short squeeze price shoot up effect? Please comment!
if the BOD accepts 3.50 they should be blacklisted from ever serving on a board again. If they sold Albertsons and savealot and got the debt down to $2-3B the stock would go back to $10 purely based upon the expense savings.