It’s all about the buyout price from Anne who already owns 20% of ME. Let hope the Committee and Wells Fargo come up with a good deal for all.
rbcomtefarms
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Can’t declare bankruptcy with $240 million in the bank and 15 million DNA library. She wants it private and not have to deal with the hassle of rules to be listed on the Nasdaq
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Ancestry.Com would love ME DNA Data added to there large library.
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All the volume action seems to be in the last 2 hours of trading.
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Would be strange to want to go private then have a reverse split. You can’t sabotage the company or burn it to the ground. I’m sure there would be some legal issue with that. Take it or leave it the way it is. I think it getting taken out at $1.25 to $3.
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A committee is set up on behalf of the shareholders to get the best deal for us. So if they get a better offer somewhere else Anne will have to match the offering. Anne cannot buy shares once announcing her plans to go private. My understanding of it.
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I think the shorts are trying to get out without raising the alarm. They got a long way to go. No use staying in ME with a buyout imminent.
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You wonder why CEO wants to go private. It’s a money maker but the market doesn’t see it.
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Someone buying up stock without raising awareness at the end of the day. Could it be
a future owner taking stock now before it goes private? -
CEO wants this company cause it has huge potential. It’s a great sign. 1 million new members Nobody saw that coming. This is an easy 3x from here.
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Pharmaceutical Company are always volatile but I believe Dare has a lot of potential. I wish they would do a better job promoting there product.
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Last few days there lots of buying at the close. Someone is accumulating without raising awareness
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She will buy it with the help of Billionaire investors and her Nasdaq problems are over.
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A little good news every week.
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We will have an offer the table on May 23. She extended the earnings report it till then for a reason.
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She knows it’s worth at least $1.5 a share but might just flip it to another private company and pocket the difference.
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Dare waiting for earnings report next week.
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Dare is going up nice and steady not to wake up the bears that are sleeping.
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You can’t announce something before the deals are done.
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Galileo is getting 40 to 50% revenue growth.
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