.....IMO this company is worth about 1.20 to 130 a share......sorry if you don't like it , but that's the number I come to! It is unlikely that we will reach that unless we see another bidder. To come out of this as a win for retail I would expect a number around $1.00 is reasonable.
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If $1 is what CMM is worth, why isn't the current S.P. reflective of that? Why isn't the market even giving a 50% discount 90cents to the merger offer price of $1.80.
We are back in the 0.50's...just goes to show that WTG isn't even worth $1 let alone $4.
My only decision right now is to sell or hold. Is CMM going to move fwd past .55 (with or without this deal) or are we headed back to 11cents b/c that's what some Stockigloo posters are valuing this deal...11 cents (.4 x 28)