wouldn't it be nice if the stimulus had some kind of state/local initiative piece to it that gave money to a state for use in retaining in-state jobs?
would need some regs around that, so as to make the money work, not just get transferred to a pork project or to already overextended spenders.
I have no clue how one would legislate this, even if given time to craft it rather than 72 hours to put it in an omnibus spending bill. But it would really be nice if some of that money could be deployed where it really might make a difernece.
I think that the chances of LFB taking over GTCB in summer are quite high but I believe if it happens it will at a premium to the feared $0.31 which they paid previously for their shares. I suspect that about $0.7 will be the offer price given the recent FDA approval that changed the dynamics since the time of the LFB disastrous financing. If that is the case, then clearly GTCB is a steal at any price currently below $0.5...
If you parse your own statement above, you’ll see that it’s a parlay with several legs, each of which could fail to materialize. It’s hard to see how a such a multi-legged parlay that produces an outcome of 0.70 (in your opinion) makes GTC a good buy at 0.45-0.50.