• xcobrastripesx
    $DELL has been in tight range trading all day....PRICE FIXING! Reminds me of the $FB IPO....
    Reply (4)
    • Ocean Man: LOL. It has a set buyout price, why would it move?
    • losbronces: Its an arbitrage play only at this point. In a sense, the price is fixed based on the buyout price, which will be between $13.50 and $13.75
    • xcobrastripesx: I understand that but moving in a .02 range for days on end is odd, even after a buyout offer. $S is showing more normalized behavior.
    • losbronces: I would say that narrow range is a bit odd. I would expect more movement given that a $0.25 range is in play.
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