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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (47955)	5/14/2012 11:46:56 PM
From: Spekulatius	1 Recommendation Respond to of 78462

The offer was never fully priced in, but it did provide some support to the share price, so I expect below 20$ tomorrow. It seems to me, that if Coty really wants AVP, they would not have lost much waiting for a week, but who knows. This situation increases the pressure on Management to perform and make drastic changes,which is positive, IMO. WEB won't do hostile takeovers to keep his reputation intact, which reduced the effectiveness of Coty's bid. If a new bid emerges, I think it's going to be hostile.