The price Amazon will pay for the company is $42, but the price action in the stock says Mr. Market may have a higher bidder.
I said this the other day, when someone who owned shares asked I'd they should sell, that they should keep those shares and see if they can get a higher price.
Regardless if they took my advice, and not that of everyone else telling them to sell, the stock is still going up.
I think it can reach $46 a share, which makes a lot of sense really. I can think of many companies that would do this just to stop the deal from going through.
Submitted June 20, 2017 at 05:31AM by Awwtist http://ift.tt/2rym2wm