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 LuckMark
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Rat