What makes you think that? If someone else was going to make a...

What makes you think that? If someone else was going to make a move I would've expected them to show their hands by now before GRAM mop up too many more shares. Whoever else may have been lurking the shadows would've run their ruler over PBM when GRAM previously announced the takeover last year at $2.20.

I really do hope you are correct, however my guess is that after the target statement is released recommending that shareholders reject the offer, GRAM will then offer a small sweetener... maybe another 10%.

To me it's pretty simple... GRAM previously thought $2.20 was fair value (and everyone including the PBM board was suggesting it wasn't enough).... so now without the company fundamentals really changing (other than a temporary blip in commodity pricing).... a fair value should still be up over $2.00 at the very least.

I hope we can see at least $2.50 but I realise I'm probably dreaming.