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Strategies & Market Trends : Ted Warren's Investolator
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To: Balti who wrote (1361)7/12/2023 6:24:51 PM
From: WEagle   of 1795
 
Hi Balti,

Nice looking chart, but bad news.

AAIC is being acquired by Ellington Financial Inc. (EFC) for around $4.77 a share. That means the price has already risen about as far as it is going to go. Unless another suitor jumps in, that's it, and I think the merger is a friendly merger so a second suitor is unlikely.

WEagle
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