Buyout imminent. Extention has been granted, but the time is ticking. Schulze needs to present his offer before earnings. I have a feeling that earnings will be better than expecred. Joly said - i prefer to underpromisse and overdeliver. Watch out! After earnings the stock will go to 18-19 and Schulze wull
Let's see earnings expectation are already just .12 down from from .36 a month ago. Last year came at .47. Ealier Joly announced earnings will come "substantially lower" from last year - how much so? 70-80%? Possible.
If 70% lower - that will give us .14 which is already a bit higher than analyst median. 80% lower? .09
And I tend to agree with you that 30-day extension may have already been granted to Schultz. Read my post about it. Anyway we will find out in 4 weeks max ))