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Message: RE: Price Action ``my 2 cents``

RE: Price Action ``my 2 cents``

posted on Jan 06, 2005 05:36AM
All Im saying is that is how bought stocks trade. They will move in tandem with the buyers stock if the offer is a share for share offer, but if it`s a cash offer the trades move very little.

What if Wenco figured out they bought the wrong company and made EDIG a $60mil buy out offer?

Right now the EDIG BOD is thinking it over and someone on Wall street is buying shares at .33 knowing the offer is at .34

I know it sounds far fetched, or does it?

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