In a few TLB here $2.37 for a risky gamble. Tomorrow $3.05 buyout offer ends. Managment has got to be the dumbest people on earth to turn down the offer. Company was super lucky to even get the 5% sweetened offer as they did after last quarters disaster report. I was suprised Sycamore even sticked around to make another offer. I would have offered much less if at all. But if management does agree there is 28% upside from here. The Market is screaming to management there will be NO MORE OFFERS so take it or leave it. I don't count on management to do the right thing. But with no CEO in charge then there is still a chance they agree to it today.
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"Buy Fear and Sell Euphoria" "Price is the Ultimate EQUALIZER"