Once upon a time there was a SKE. It had been happily trading along at between $2 and $3 when one day there was an avalanche of sales! No announcement. No news. No warning of any kind. Just a sudden, overwhelming, mountain of sales that pushed the price down to just over $1.
Luckily PRG had been waiting for just such a happy chance as this to pounce with a merger offer at a "premium" price of... well, it was laughably, stupidly low anyway: half what a SKE was really worth! Some people thought that maybe the avalanche was connected in some way to the bid from PRG, but that was only bitter, cynical, blighted people who have no faith in the honesty or integrity of their fellow amphibians.
Equally luckily, the SKE skipped nimbly aside and let the avalanche pass through to the swarm of lucky share buyers who had a chance to slurp up a load of SKEs at a bargain price!
And they all lived and prospered happily ever after.
The end.
PRG Price at posting:
$2.37 Sentiment: None Disclosure: Not Held
SKE Price at posting:
$1.44 Sentiment: Hold Disclosure: Held
