Oct. 3 at 3:10 PM
$MESA I think this is going to blowup once they announce the merger deal. Mostly, hedge funds will be seeking exposure in the droves. And given the way mergers have been trading, whether that's algorithms or new investment, I don't doubt we see 5-8$. The 1.1 B in debt Republic bring, is paid off through the CPA deal they have going, and if any major firm understands this, they understand that their valuation will be depressed because the metrics don't tell the full story of deep value. Took me a while to figure this out. Republic should see a 2.5+ B valuation. I can see this hitting 5+$ once the news hits major newswires, and big money comes strolling in. The only thing, is now S4 is effective, whats the hold up with releasing the merger details. We should be getting that shortly too.
