Rumor that MKS is attempting to acquire Swiss company VAT for $880 million. Apparently, VAT has revenue of about $300 MM, so that would be a price tag of almost 3X revenue. MKS is trading around 2X revenue. That seems like a pretty steep price. I wonder if VAT's margins are superior to MKS's?
I think you would be an idiot to sell. Tomorrow the stock can potentially break out to an ALL TIME high after MANY years. Also, the short interest is 3.85 million shares -- 8.2 days to cover -- and a lot of these shorts bet on a collapse in the stock EVERY time GPN reports, in good part because that strategy had worked in the past. And this is not to mention what the person in the prior message said about a potential takeover. Why would you want to sell now into a potential perfect storm for the shorts?