I am sitting on the fence, thinking about jumping in tomorrow: here are my thoughts for what it worth:
1. Seems like deal is getting close and could happen.
2. Concerned that gallo is saying on the co. website, that div. will be paid this year. Not sure even if it closed tomorrow, that a div. could be paid by year end. Possible Red Flag.
3. Agree with Thermo, had to flip a property that was acquired only months ago for multiples times price.
4. Question, why would Baron's, a well established business,sell to a pink sheet, much less for stock, in the first place. If I owned a valuable small business and wanted to sell, the last thing I would take is a pink sheet stock.
5. Carp., sorry, don't agree with paying 10x future earnings in today's market. Totally unrealistic not matter the strategic fit. That would be highly dilutive for any company (public or private).
6. Thermo makes some good points on share structure.
7. Hard to believe a pinkie is going to pay a cash dividend.
8. Hype, regardless of deal going thru, may present a good trading opportunity this month.
My two cents.
