STX OSV @ $1.2275

Buy @ $1.23, $1.225

Increased my bet. Dropped to a day low of $1.215 after I buy, below Offer Price of $1.22! Looking at the non-stop selling by Oz (substantial shareholder), very likely, they'll accept the Offer for their balance holding (5.8% as of yesterday). The show is getting more interesting as Offer closes tomorrow. As the selling by Oz is well absorbed, there're likely many traders + opportunists in the game now. As such, I'm short term biased now. Prepare to run fast, the day after tomorrow if opportunity arises. ðŸ˜€

Leave a Reply