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Message: crunch time....

I've tendered my holdings.

Part of me wanted to keep some aside to see what happens but I like the sure thing.

If I was Luxor, I would shake the tree quite vigorously after this deal is closed. I'm fairly certain these guys manipulated the share price before the deal and believe they can make it whatever they want it to be.

For sport I'll predict the SP has a nice drop afterwards, with 'friends' of Luxor picking up loose shares on the cheap. Then they'll basically own the thing outright, the SP will increase dramitcally as they snap up whatver is left from the stubborn holdouts. Luxor takes it private.

Warrant holders get screwed and Luxor buys a gold mine for dimes to the dollar.

Good for them. Good for Insiders as they actually get to cash out. Bad for everyone else. It's a cruel world! :)


Feb 06, 2012 02:59PM
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Feb 14, 2012 02:53PM
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