http://www.marine-marketing.gr/newsclip.php?file=200802.txt#0Reported EXM paid $27/share."Analysts Wachovia Securities believe they could benefit the bulk carrier sector generally as speculation grows of further mergers and acquisitions among listed and unlisted companies."
If this is a done deal at 27 why do you suppose QMAR is trading at 22 and change?Get a clue!!!
QMAR failing badly today - now at 21.40.So much for a 27 dollar takeover, at least as far as the street is willing to bet.
OK guys. How does this affect us? How the Street perceives it is almost as important as anything. Ideas?
Don't be idiot in the crowd of wise.