Oct. 21 at 10:30 PM
$PXLW although deal is a lot lower than what most expected, I think the current price is pretty attractive. I added some
$7.50s today (~47MM MC). Will watch for lower. I think the
$50-60MM cash invested towards TrueCut motion could yield great results…From Proxy: “The Board plans to evaluate various alternatives regarding the use of proceeds from the Sale, including a focus on the expansion of our TrueCut business, but has not yet made a decision with respect to a specific use or uses or committed to making any such decision by a particular date”.