You guys are a joke if you think PDL deserves a "fair price" and if PPT is willing to pay it.
Take your emotions out of it - this is cold hard business. PDL is a suffering and stagnating manager and PPT is an opportunistic buyer - I think it should have waited longer and offered less given how unpredictable and challenged this industry is.
I would never pay "fair price" for any of your houses neither would you for mine (unless market conditions were such) so don't expect PPT to do the same.
PDL Price at posting:
$5.29 Sentiment: None Disclosure: Not Held