I'm an old time QCOR guy and proud owner of MNK. I'm a far better investor for having ridden the QCOR roller coaster. MNK is a fantastic company and has lots of growth in front of it. I strongly recommend MNK, even up here at $123.
Agree. Oil is in the gutter. All airlines should be moving up, but they're not. The trend will turn soon, and those that have bought the dip will be rewarded.
Take a look at BTX. Many of the former QCOR executives are on the board. Broadwood Capital is building a sizeable position as well. Broadwood owned tons of QCOR.
Longs here are delusional. Way too much hubris on this board. Stock is way over extended on buyout speculation. Not a good reason to be long here. 50% correction in this name is in the cards.
Jonzzz better get off the pot and step up the volume if he's gonna get it to $114. Heck, while we're at it Jonz, why not go for $110? Do it! Do it!
It's clear that the price is being supported at $48.50. The only question is, will it last? For now I see the chart as a series of lower highs and hitting the bottom but not able to stay there...yet.
I totally agree with you. Actually, it's not greedy at all. Greedy would be getting $200 and wanting $ 205. This deal stinks. Typical Wall Street back door b.s.
Exactly, normally the acquiring company's share dip on the announcement. I will say this, I've owned shares in 3 different buyouts and in every instance the acquirers shares were significantly higher than when the deal closed. The first was metropolitan health care bought by Cigna two or three years ago. Cigna has at least doubled in price since if not more. The second was when Salix acquired (can't remember the name) 2 years ago. Salix was in the 80's then. And the third is QCOR acquired by MNK last year. MNK was 50 at the time and now trades for 117.
You guys wanna chip in for some fancy feast for jonz? Nah, on second thought let him chase rats!!!
He's having a cat food dinner with john and sharing some md2020. Too bad they can't afford. The nice chianti anymore!!!! Oh how sweet revenge is!