|
Maybe that's the point. It is not a done deal, just an agreement. TRRA will hold up, it is way off its 52 week high. TRRA said they expect to complete the deal by 3Q. I would not let the numbers of the aftermarket get you down. Not all traders want to wait for the deal to finalize. The true indicator will come at 0930 hrs. tomorrow, then you decide. But, in reality, if you can get it at 75, then your really sitting pretty, short term. From the way it sounds on the threads, people don't understand the deal yet. Its a hard $97.55 for LCOS, and it doesn't matter what price TRRA is as long as its with the 20% collar. TRRA stays in the collar, the deal goes through and you get $97.55 for your lcos. Its so simple, the market will eventually figure it out, but until then, take advantage of the confusion. |
