SNCR - I can't look away

Possibly the final chapter in the SNCR saga?

Siris offers $18 per share in cash, a 69% premium on the closing price on Wednesday.…

A small battle won in a losing war for long term holders. $18/share is 56% lower than when Saul sold in December around $41. So much for holding for the long term – the long term has been taken away. SNCR holders shouldn’t have ignored the short term, when the rug was pulled out from under them in December.



A big thank you to Saul for convincing me to get out at about break-even. You have an uncanny sense of smell about individual stocks.