Jump to content

Odds on CLM


Recommended Posts

This might be one of those questions that SharperDingaan has one of his formulas for, like with FBK. But probably more a question for Vegas odds makers. CLM just announced a takeover by Cliffs today at 17.25 a share. Then you have trading volume of 20% of the outstanding shares after the announcement all trading over that price. So what would the odds be that the price isn't moved up or another bidder comes in. Probably not a lot of profit taking on buying and selling the shares on the same day as the price sort of trended down through the day.


Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...