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OCZ Technology Group AŞ Message Board

  • st24847 st24847 Jul 30, 2012 12:23 PM Flag

    We're Holding 7.10

    Or are the MMs prepping this for a buy today???

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    • 7ish is the cash portion of the deal

      stock is capped here

      done deal

      if the stock stays in the low 7's rest of day and closes right around here

      the deal goes thru

      they're holding ocz stock to = the cash portion of the deal

    • I'm long the stock with a big position. I still think the MMs are going to shake the trees and wipe out weak hands before there is a serious run up if the rumors are true. That's generally the way they do it.

      I would not be surprised to seem them take the bottom out of this thing sometime soon and watch it drop to the $5ish range as a head fake to grab cheap shares especially if the deal is going to be announced by STX at 2.30 p.m.

      If there really is a deal and it's announced at 2.30 p.m. today the MMs haven't had enough fun with this just yet IMO.