I actually think that the float has been eatin up a bit. Tough to get fills and I tested the market and sold at the ask. I personally don't think that they will dilute at these prices. They know of the merger partner already and I don't think they would let me sell at the ask if they were diluting....personal opinion.
I agree. People are throwing around theories as to why ARCA and VFIN have been sitting on the ask... thought I would point out the elephant in the room.
I don't think Peacock has his sights on Billy Bob's at all... he had a smaller company in the bag with Elleipsis and walked. I still think there may be some complementary play to AERO going on here.