You may have many smiles today FedEx but don't be surprised if this doesn't run to $7 within a week or so. The fat lady hasn't sung yet! The media will eat this up and it will get splashed around attracting much attention. Investors & istos will see a big future here. 18% of possible liquidity will be taken off the market at an average of $6.75 - so that's a pretty solid floor. One would expect some of the early traders who have held on will bail soon because the BIG BOUNCE has probably nearly ended (bar more takeover speculation) but the certainty of the new alliance will draw a new type of shareholder.
Like someone said ......... interesting days.
I suspect something is very afoot with EME too which may be related.
SMM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
