Jan. 22 at 12:15 PM
$AVR Medtronic Deal Rip Setup — Watch the
$5.75 Level
AVR just priced its
$200M public offering at
$5.75 — the same level you were hoping for — and that’s official deal pricing, not wishful thinking. Offering includes ~34.8M shares + a 30‑day overallotment option. Medtronic (MDT) is set to buy up to
$90M at that exact price, landing 16–19.99% ownership post‑deal.
If this helps, tap @QuantitativeTrading_
The market loves the story: shares already ripped in pre‑market and after‑hours on deal flow as capital fuels the pivotal PARADIGM trial and manufacturing expansion.
🔥 Setup to Watch
• Bull thesis:
$5.75 = real support now — MDT strategic buy signals institutional interest.
• Risk: dilution heavy, underwriter option could flood the float.
• Trigger: if price dips toward
$5.70–
$5.50, that’s your tactical entry zone + tight stop below.
Strategy Play
Bullish pullback buy around offering price → target
$7+ if volume confirms. Tight risk management only. No TA guarantees, just odds play.