four new PE parties are reportedly considering bidding for...

four new PE parties are reportedly considering bidding for it....if any one puts a bid in....then it will have to be over $4....thats in effect the floor price Gordon Merchant has set...

will it crash back to 1.80? no way!!! it go to 1.80 as shorters used the threat of a cap raising as an excuse to massive short BBG and most long players were on holidays in Dec / jan....or didn't want to take a position then....

also there is now longer no threat of a cap raising...and TPG's bid has in a sense reminded people how mis priced BBG was....Nixon after all was valued at the whole price that BBG was being valued in the market!