Have to admit there’s a special type of feeling that McNally must have right now that the entire board of directors whom he appointed, voted him off the island. Happy to say I don’t know that feeling! I wonder if he voted “no” to the motion… Lol!
At any rate, this is a fire sale right now and they have to take the best offer they can get. If I was long on the stock right now I would be letting up the phone lines at Titan medical. As I have said the absolute last thing we want is a certain board member negotiating this buyout on behalf of shareholders.
I am now amending my $100-$200 million buyout to a cool 20% premium on butter for the share price of the 30 day Vwap will be. It is in Medtronics interest to allow this to trickle down to pennies.
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