Jul. 9 at 2:49 PM
$AIFC I think
$PDC letter of intent was all smoke and mirrors, rarely do you see a smaller fish trying to eat a bigger fish. Sure the smaller fish might be able open their mouth wide enough but the bigger fish will usually get stuck in their throat. Now I could see a merger happen that's if PDC can come up with the money to do so, say like
$100M to do AIFC buyback plan and another
$60M to eliminate all debt for after the merger. That could make for a power house within the sector with a low float of 15M shares or so and no debt. Just sayin.
