Savvy Trades and Investments

[nelson1234]

EMKR MOBX I think the big problem is the company that MOBX, the company that is making the offer, has a market cap of $33 million, with no cash and they lose a lot of money, with revenues of $2.1 mil last quarter (although growing at a fast pace). They do have some big shots on their board ... the Executive Chairman of the Board is the former CEO of Microsemi which was sold a while back under him for like $8 billion. But he is listed as a non-employee board member. And I think they have or had a relationship with B Riley. Anyway, overall, I think the market is saying it will be very difficult for them to raise the cash for this offer unless perhaps that Exec Chairman of the Board goes in on it.

I'd take it if I were EMKR if they can show they have the financing.. its a huge premium (EMKR was at $1.20 at the time of the offer).