no, it's not. that is an illusion. the cost of the merger is going to be significant - around 5 billion shares. none of the new debt is restricted. anybody buying this right now, is going to lose money. a r/s will be needed. debt associated with new deal requires share restructure to the detriment of current shareholders. watch for return to low .000's.
Great analysis sir.! Thats why many are just holding to their shares now . L2 asks is a reflection of your analysis. Waiting for it to fly to pennyland