InvestorsHub Logo
Followers 303
Posts 4450
Boards Moderated 2
Alias Born 05/03/2007

Re: Anthonyspade post# 237

Wednesday, 09/14/2011 1:03:24 PM

Wednesday, September 14, 2011 1:03:24 PM

Post# of 250
You really think there's going to be another company coming in with a better offer, after iLinc has accepted BroadSoft's offer? It's not impossible but it seems to me that the chances of that occurring are vanishingly small. They signed the definitive agreement, so the BroadSoft deal would first have to fall through even to give anyone else a chance, and this tiny company would be an unlikely object of a bidding war. I think the bidders you see at .05 are just traders looking for a technical bounce, but some people who understand the company's financial situation may feel confident that the payment out of the escrow will ultimately exceed .01.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.