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Dubster watching

05/08/24 1:04 PM

#59555 RE: King James 1 #59554

Others will need to speak to it.
I’m a momentum trader and only use my tools for these things.
GL brother

Maximilliano

05/08/24 1:17 PM

#59557 RE: King James 1 #59554

A poison pill is designed to discourage a major acquisition of shares and a company's hostile takeover by an individual or entity. Once activated, the strategy allows shareholders, with the exception of the acquiring party, to buy additional shares of company stock at a highly discounted price in an effort to dilute its shares and limit the acquirer’s ability to gain control.