But in all fairness, the caps on some of those merger plays were way over inflated. Pre merger caps were upwards of $30M+. Many now current tickers still haven’t regained the value lost in the panic leading up to the September deadline. The market just isn’t the same for mergers. This would probably be lower if it wasn’t for the Seahawks comment on a questionable Twitter account.
JP*EX and AV*VH both have a market cap of $30m currently. If IFAN’s MC gets that high I will make a great deal of money. Neither have finished the merger and both will have big increases from here when the mergers are complete. Both sound like solid companies and both are worth well over $50m.
It’s funny, you’re complaining about companies that are worth a thousand times more than what 8Mile’s company would be worth.