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.
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.