If it is stopped, a lot of shorts have to cover. After that, use your imagination. This puppy will fly, in the following weeks this will climb and continue to climb. The market is out of this world!
I assume you'll say yes, because that PPS will be based on the company's projected value at that point.
You are right: YES. All BO offers were (and will be) based on company's projected value (by the bidder) and weren't (won't be) based on PPS. Please note: meanwhile private companies do not have a PPS they were BO'd ... The PPS before interim regarding the BO offer is irrelevant. It will show one thing only: how was the market correct.
The answer: much better (feeling) to wait for the offer @20 than @2 ... I do not have a crystal ball and I did not see any valuation by potential buyer, but I am "sure" the real value (w successful R-IT) is much higher than $20.
- - - - - Bio-
#61106 is useless and the "to the shorts and FDA" is irrelevant. A reply does not worth a post ...
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