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mandjb

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mandjb

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Re: hweb2 post# 60138

Wednesday, 03/20/2019 12:27:01 PM

Wednesday, March 20, 2019 12:27:01 PM

Post# of 112574
BOSC has been acting strangely for a while

Rose nicely after a good Q4 report, then dropped 20% on no news and high volume on 3/12.

Maybe the activists trying to gain control via the proxy fight gave up because they knew of the pending acquisition or because they sensed they were losing their battle.

Management was hungry for an acquisition, partly to refute the claims of the activists that they were sitting on their hands. The numbers on this one do look pretty decent if they hold up.
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