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Gaintrader

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Gaintrader

Re: Timothy Smith post# 15

Wednesday, 02/24/2016 10:58:29 AM

Wednesday, February 24, 2016 10:58:29 AM

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Little price and volume surge today...have you heard any new news? With EXK's March 4 deadline looming large, I'm getting a case of cold feet on the risk of waiting on the DCPSC decision vs the current ~.50 premium plus the prorated dividend that POM did not reconfirm this quarter.

The DCPSC could squash the merger completely by just not making a final decision on the resubmission by the deadline. This would preserve their pride and reinforce their unwarranted political power too simply by them doing nothing.
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