Jul. 12 at 1:52 AM
$ALT last rage post of the night, then gotta go do my husbandly duties to my beautiful wife LOLOL
For all y'all that worry about current share price and reconciling in your head, how the hell can it get to a buy out of say
$100/ share or more. Cuz when you google buyouts it always say so and so company bought for 120% premium etc etc.
Google does not lie often LOL, but frequently it does not tell the full story. Those share prices typically make massive jumps in the wks, months leading up the final deal consummation due to rumors or announcements.
Take a look at VKTX, my fav whipping boy, which I actually invested in. I had a small position, in at ~
$9, then there was rumor of imminent buyout, it jumped in a few wks to over
$90 intraday, by then I was long out. But let's say the buyout was true. Ppl were talking about 12-15 billion at the time. Then it would have been 1.2 to 1.4x the
$90 share price it was trading at before coming back down!
So if you want a GPS road map. That is how!
