Well how many times must RC say “6-8 million” before his words get accepted by the investment community? Obviously they have meant nothing up to this point? Why? Doubt? Where is a PR about July sales like RC did for June? That wouldn’t violate the silent period! Clark’s list of excuses regarding false sales predictions is coming whether longs like it or not! Please give us more insight on this run that’s “supposedly” gonna happen leading into the 2Q fins which are due on Friday and that was mentioned on numerous occasions! How high will it go? This could get exciting if it touches .037! Enjoy...
I've see it take place a few times over the past 25 years... It's weird in that:
The Market Makers yield (quit their resistance struggle with the spread), and basically roll over & allow (or place) the share price at the tender offer price. Usually within two (2) trading days the PPS is there, and then it just stays there until the deal is done.