Wednesday, November 09, 2022 5:39:39 PM
biotech
Expect selling pressure on the stock after the distribution..
Selling already happened when the PPS went from $27 to the current $20-22 range.
KROGER's offer of $34.10 per share will be dropped to $27.25 to offset the SPECIAL DIVI as ALBERTSONS is calling it.
It may be a non-divi as you pointed out but until I hear more from tne company I will treat it as a SPECIAL DIVI.
Other companies do the same and it is treated as a SPECIAL DIVI.
Only time will determine what it is.
EDIT: DO NOT FORGET ABOUT THE SPINOFF SHARES THAT WILL OCCUR AFTER KROGER SCOOPS UP OUR SHARES AT WHAT FINAL PRICE, THAT IS TO BE DETERMINED AT A LATER DATE WHEN REGULATORS DETERMINE WHICH STORES NEED TO BE EXCLUDED IN THE BUYOUT.
GLTU
GO4AWILDRIDE
Expect selling pressure on the stock after the distribution..
Selling already happened when the PPS went from $27 to the current $20-22 range.
KROGER's offer of $34.10 per share will be dropped to $27.25 to offset the SPECIAL DIVI as ALBERTSONS is calling it.
It may be a non-divi as you pointed out but until I hear more from tne company I will treat it as a SPECIAL DIVI.
Other companies do the same and it is treated as a SPECIAL DIVI.
Only time will determine what it is.
EDIT: DO NOT FORGET ABOUT THE SPINOFF SHARES THAT WILL OCCUR AFTER KROGER SCOOPS UP OUR SHARES AT WHAT FINAL PRICE, THAT IS TO BE DETERMINED AT A LATER DATE WHEN REGULATORS DETERMINE WHICH STORES NEED TO BE EXCLUDED IN THE BUYOUT.
GLTU
GO4AWILDRIDE
STOCK MARKET SUCKS
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