posted
This stock moved up from .0004-.0005 on Friday to .0010, and it's simply retracing today to .0006-.0007, I think it will get back up to higher levels.
Posts: 242 | Registered: Aug 2005
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posted
the buy out the offered. on that note, i remember reading back on the 3rd when they put out that pr tht there was going to be a NDA on this deal. now, if they got the answer a few days after the 3rd and then had the 20 days DD, could that be why we have not heard a yes or no?
Posts: 113 | Registered: Dec 2005
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quote:Originally posted by evilmonkey: the buy out the offered. on that note, i remember reading back on the 3rd when they put out that pr tht there was going to be a NDA on this deal. now, if they got the answer a few days after the 3rd and then had the 20 days DD, could that be why we have not heard a yes or no?
I looked it up and that is indeed what they offered ANS. That being the case, how long before you start getting nervous?
Posts: 277 | Registered: Aug 2005
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quote:Originally posted by evilmonkey: all depends if that NDA was linked to the answer or just the DD.
So then it all comes down to when ANS answers? In that case, then, we have nothing telling us when to keep our eyes and ears open. Frustrating!
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posted
So how come there aren't a Sh*tload of shares being bought right now if these numbers are correct?
Posts: 1031 | Registered: Sep 2005
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posted
we had 2,5 billion in 3 trading days. and sells 2 or 3hundred mil. so there was a sh*tload of buying already.
Posts: 779 | Registered: Jan 2006
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posted
But when did this merger info come out? It just seems like today there are hardly any trades in comparison to a couple days ago.
Posts: 1031 | Registered: Sep 2005
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quote:Originally posted by Golf Money: Are those numbers speculation on 'if' they merge?
I don't see anything yet on the merger/buyout being a done deal.
The USXP proposal was presented to ANS three weeks ago today. How long does a target company typically take to decide on such a bid? Seems to me USXP has no leverage to demand a quick answer, as they need ANS.
Posts: 277 | Registered: Aug 2005
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I have to admit I do not see the point. If ANS accepts the offer what will a share of USXP be worth?
So the combined USXP/ANS will be valued $2.10 if the merger went through now? What about the naked shorts? Do those have to be covered immediately? What effect does that have on stock price?
I guess I am asking how long we should hold on when the deal goes through, rather than dash out and peddle our USXP shares when the announcement of the merger comes out.
posted
They presented the bid on Jan 3rd, but I saw no indication that the bid was accepted. And when it is accepted they have a 20 day DD period that they have to wait.
Maybe I missed it (and I hope I did).
Posts: 100 | From: Michigan | Registered: Dec 2005
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Re: We've got the merger numbers by: iternity77 01/24/06 01:53 pm Msg: 1618 of 1630
IMHO, NSS will have to buy the float, maybe 50 times or more. They will have to pay what longs want. Much higher prices than 1 cent before the Merger is possible. They MUST cover before merging / moving to Amex. I will not sell to them anyway
When you say "they MUST cover"...is that an exchange rule or an SEC reg? Isnt what some naked shorters are doing with regard to USXP stock a separate issue from what USXP is doing about ANS? Or is it that a merged USXP/ANS entity has to have those things settled so a stock value can be established? And how can you control who you sell to? I mean if there are bids and you decide the time is right for you to sell, how do you know who is buying? Not trying to be a smartass; just trying to factor in as much info as possible. Hey...I can use as much reason as possible for optimism.
Posts: 277 | Registered: Aug 2005
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posted
no time to explain this all. read the usxp boards please.
nss shares around 8 times of the O/S (given from usxp, moneytv.net). make that around 30 billion nss "shares" than. think what happens if the usxp shares getting changes / merged with ans shares and then moved to amex traded under a new symbol. it would look really bad if there would be still a load of usxp shares in the bulletinboard. they do not want to go to jail. they will cover - they made good money anyway the last years.
- just a picture.
nss would have to pay what longs want, they will have to buy the free float maybe 50 or so. market cap will not be a factor anymore.
quote:Originally posted by iternity: after hour dumping at 6 ??? all were at ask 7 after the bell!!! why are you doing that?
Doing What ??
I'm telling you what my scottrader showed --- chill out
Scottrader shows the afterhour trades with the last price traded ! That was 0,0006 ! Shares were all * ask !
Posts: 40 | Registered: Jan 2006
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