… or going private is Imminent. Based on yesterday’s filings a proxy fight is good for long shareholders at these prices. Depending on perceived future asset demand valuations last 2 year highs could easily be broken in the short term as day trades well tend to hold now to see what shakes out and short covering moves the stock upward often leaving open gaps behind.
With earnings expected after market closes today, looking at -$0.74 to -$0.90, might still be time to add on dips, if there are any as WLT has now officially come into play.
IMO, recent filings and key payers already own most of their playing shares under $40, after all is said and done we could see the last few shares bought in the $140s.
Only the future will tell.
Long and strong both common shares and March calls.
Good luck, have great week.