Where will BSC open?

Discussion in 'Trading' started by Daal, Mar 16, 2008.

  1. Daal

    Daal

    its not going to be nowhere near $2 imo, chance of the deal not going through remains, lot of inside ownership on the stock but a ton of that is employees not management
     
  2. It's likely to open at a 10-15% discount to 0.05473 shares of JPM.
     
  3. S2007S

    S2007S

    The deal is about 99% done, if some how over night it doesnt go through forget it.....
     
  4. Daal

    Daal

    think from the perspective of bsc shareholders. you are just about to take a loss of 93% from fridays close, Im willing to bet a lot of them wont accept a loss this big, they say no and maybe can reduce the loss maybe take a 100% loss. when people are losing they are likely to gamble to try to make it up even if it means losing it all