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Chas42va

03/30/19 7:35 AM

#184601 RE: Sabre2870 #184598


Sec reporting requirement I believe are
Purchases greater than 5% are required to be reported on 13 D
45 days after the end of the quarter

Other reporting rules are accelerated if the ownership goes above 10%

Consequently a company can only buy about 10% before any accumulation is well known and they would “still have to pay up” to control the company. Also I believe on a buyout they would want to control more than 51%

Also there were about 36 million shares of shorts out there 15 days ago

Early sellers will not get the value of to $60-$80 a share that it will ultimately take to purchase a significant ownership of the company

Pittkid

03/30/19 10:49 AM

#184630 RE: Sabre2870 #184598

I’m pretty sure pharmaceutical companies are prohibited from acquiring companies in this manner on the open market!

Don'tDrinkTheKoolAid

03/30/19 10:59 AM

#184632 RE: Sabre2870 #184598

When's the BO?

Yoyippie

03/30/19 11:17 AM

#184633 RE: Sabre2870 #184598

Why do you think they don't?