If the deal does not close tomorrow the stock will get hit hard IMHO. This is a crucial asset sale and MUST be completed or financial structure is in big trouble.
The hard truth is without asset sales, and I mean more than one, this stock is a zero. Just waaaay to much debt and declining revenue stream. Good luck to all who pressed their bets. I want them to survive. I am not short just telling it like it is.
Over and out.
I read where they approve 80% of the deals. Plus, this deal is very small as deals go.
They still lack CIFUS approval. Right?
They looked super strong to me. Stock runs up the day before dies the next day after great numbers. Go figure. Buying more.
Nah! Just this scary market. Folks getting edgy.