Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
On Wednesday, when the deal was announced, the price of VISGD fell $1.62 to $16.06. At that price a share of IDNX would be worth $7.59. I think that price is currently acting like an anchor on the price of IDNX. VISGD does seem to have upward momentum now on relatively strong volume. It appears that there is a belief that there will be synergy created by the combination. As long as that belief remains, your analysis is valid.

Good Luck

Mark
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement