InvestorsHub Logo
Followers 7
Posts 274
Boards Moderated 0
Alias Born 03/24/2014

Re: poker face post# 42542

Wednesday, 09/28/2016 6:16:59 PM

Wednesday, September 28, 2016 6:16:59 PM

Post# of 47873
I think you are mostly correct there...although you have to wonder why IMSC bid the way the did on the initial order.. IDIQ. There were three bidders, with Morpho being the low bidder. Smiths and IMSC were either second or third ( highest ) with bid price. If IMSC didn't know what the other bids were going to be, why did they bid so low? Industry knowledge? I presume they could have successfully bid quite a bit higher for multiple reasons...but they didn't. Anyway, water under the bridge.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.