You might want to close out your short now.
Better to lose a few cents than a buck.
We're trading at the floor of Virtu's low bid.
Your window is fast closing.
Tom The Market Maker making sure price stays down so he can sell for lower or maybe he shorted for the last time before his contract expires to destroy shareholders once more. Imo
Sentiment: Strong Sell
Are you nuts?
There's a floor with the lower Virtu all cash bid.
And most likely Virtu will have to sweeten their initial offer.
there offer tops out at 3.20 and it's all cash. where's the time premium to hold KCG until the deal is done?
2.90 or lower for me to hold it a few months til a deal closes.