lol... i've been hearing that for about three months. bids just keep getting larger.
due to the BK docs, which were entirely public, anyone loosely connected to the deal partners has a legal way to accumulate shares, buying in the open market. all they are doing is speculating, just like the rest of us.
this may be why we see 10M shares through ETRF, another 5M through CDEL, etc.
these people don't give a fig what retail folks think. it's on their schedule. will the pps drop? will it bounce? none of that matters.
ultimately - maybe tomorrow, maybe a week from now, whenever they decide to start dropping filings - a deal will get done and whoever still has their position will make bank. jmho.
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