Looks like they are having trouble ....CA says the combined company will have 60% of that states market. More concessions...more divestment than maybe they want to do ....could be difficult to get done
This company just fired people in the US and is moving production to Mexico/China because they can't compete
Sentiment: Strong Sell
I am really surprised that some ambulance chasing lawyer hasn't filed a lawsuit against this company. I mean at the drop a hat for far less of a loss these people come out of everywhere... but with this company nothing?
I agree with you completely....but since the stock is no where near the offer there could be some room for a move. it seems that at least its not going any lower and then the question is how long do I wait. and I dont think that will be a long time maybe another month.
company did nothing to kill the rumour mill surrounding the take over and in fact made it worse with a we are still discussing a deal...more than likely the offer will be lower ...in the meantime..stock is dead money....
I am selling into this bounce... may get a retest of 129-130....128 is a stop loss for me
I'm surprised that there hasn't been a lawsuit yet considering all the ambulance chasing lawyers in the US