Exceed Company, Ltd.: A Merger Deal With A Likelihood Of Failing - Limited Upside But Significant Potential Downside
- Exceed's price does not reflect the risk that it fails to complete its merger.
- The CEO has failed to raise the funds needed to complete the merger.
- The company appears to have acted improperly in adjourning the meeting.
- Shorting Exceed has limited risk and a 30% to 50% potential return.
- AMR Corporation Is A Bargain