BSC trading at almost $5

Looks like investors are trying to bid up $2 offer a little. Also remember BSC releases earnings after the close.
 
I think someone wants to bid on BSC, I know the deal is like 99.9% done but to see it up over 100% from its buyout price makes you think how that is possible, people on bloomberg were questioning that as well, if there is a bidding war this could be a positive for the market.
 
Quote from Bowgett:

Looks like investors are trying to bid up $2 offer a little. Also remember BSC releases earnings after the close.
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No, not anymore they arent, read today they are not announcing earnings.
 
Anyone who buy and hold the bag is the true gambler, but anyone who profit from this is the true opportunist. I saw this happened again and again..., over and over... Who say stock always reflect its fundamental? In the long run yes but 95% of it's time is that it's all about speculation and it's competely normal for Wall Street.

Quote from The Kin:

LMAO

ANyone buying this POS stock is a true gamblar.
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Forget the 95%, it's just a number, no important. Actually, we can say when the stock is trading in the sleep mode, moving side way, then it's really reflect its fundamental. And when it's became hot like this one it doesn't reflect its fundamental. It's just reflecting its speculative nature.

Quote from eagle:

Anyone who buy and hold the bag is the true gambler, but anyone who profit from this is the true opportunist. I saw this happened again and again..., over and over... Who say stock always reflect its fundamental? In the long run yes but 95% of it's time is that it's all about speculation and it's competely normal for Wall Street.
More...
 
This is funny:

Question to JPMorgan:

Guy Moszkowski - Merrill Lynch - Analyst
Okay, so then just to cap it off, it certainly doesn't sound as if when you went in there you found a massive problem with respect to risk management or hedging. It sounds like given that you're saying that it's very similar to your own, it sounds like you found something that you're fundamentally comfortable with. Is that fair?

Bill Winters - JPMorgan Chase - Co-CEO, JPMorgan Investment Bank
That's right. In fact what we've -- we were very pleasantly surprised to see that it was a very well run, tight operation with good risk controls and a risk discipline that was very similar to our own.
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Now I got it. Price for BSC is not low. JPM is $2 stock too :)
 
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