I believe Ackman's appointment on 16.01 on Thursday, which is then 1 trading day until the handover to Trump is probably no coincidence. Ackman will show the fair way which will be a win-win for the government and shareholders.
I think it all depends on Ackman's presentation Thursday. If he addresses question like warrants being cancelled, etc. in a way that is positive for us, I expect it could run as high as $9. If he gives it the old "could take 2-3 years before any meaningful movement" then we're down from here.
Wondering the same thing. Privatization won't happen until 2026 at the earliest even if Ackman's thesis is given the green light. I don't know if I should hold or sell and hope I can buy back in at $1, my average cost right now..?