Aurora Acquisition Corp (AURC)

[investor99]

I'm with 2C at $3-4 buyout. This deal has been on the table since at least the April 2 PR stating they've received an offer and they are performing their DD on the buyer and the offer price. So, I would imagine they've pretty much made their decision over the last 3 weeks after their DD was completed and after the buyer received the requested certifications from the Ministry of Russia. I don't think they would go through all this and reiterate an ALL CASH buyout in 2 PRs this past week if it wasn't serious and if they weren't going to accept it. Somewhere in the billion range of an all cash buyout seems reasonable for a company that has at least 8.5 billion in assets (and they've said that was a conservative figure since it was performed by the Russian Ministry).

Based on my research, I do believe there will be a runup to Wednesday since there is a large short position of at least 1.5 million (probably much more). See the following:

http://www.nasdaqtrader.com/aspx/regsho.aspx

http://www.buyins.net/tools/short_list.php?dys=>12

For those who have said no-one is talking about this stock, have a look around. I've already found several boards that are talking quite a bit about this stock in a positive way.

It's been my experience that when the bashers come in, then you know you're on to something good. We'll see what this week brings. Just want to make a profit here, that's why I'm in.

Anyway, just my humble opinion. GLTA!