15,000 shares here and I vote NO to anything under 5 bucks..I want a double plus return which is 4.50 + or -for me...downside from here is minimal I and will gamble the difference that 3.30 is the new bottom now. Not to say the SP wont fluctuate but in the end we will get more then 3.30 after all the bidding is in...My guess is at least another buck from here...but still voting NO on anything under 5
Don't you think it's kind of a stupid question as anyone who would vote for 2.97 would have sold already. Why would anyone, (besides Loboosh who we know is an idiot) Hold a stock valued at 3.25 so they could vote to sell at 2.97?
Hedge funds are actively accumulating this stock... and hedge funds are not in the business of accepting a bid price that is well below what the market is trading it at. Those positions are part and parcel to the magnitude of the "no" vote on sprint's ridiculous bid price.
Sprint's bid is dead. The question that remains is, what's next.