Surprised

Discussion in 'USA Truck' started by jtannillo, Sep 26, 2013.

  1. jtannillo

    jtannillo Medium Load Member

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    Charles pugh or whatever his name is hasn't said anything. Hes the one who first started rumors that Knight was looking to buy USA.
     
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  3. Ubu

    Ubu Road Train Member

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  4. jtannillo

    jtannillo Medium Load Member

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    That guy was on here over a month ago talking about it before it was public info. Yes I know they received an offer. Everyone suggested that charles guy was just spreading rumors.
     
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  5. DGStrong71

    DGStrong71 Road Train Member

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    That Charles guy spread rumor that Night had already bought USA and they were just waiting for the deal to be completed.
     
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  6. jtannillo

    jtannillo Medium Load Member

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    I understand this but there was some smoke to the rumor. Very strange though is the fact that Knight already owned 8% of USA truck prior to the announcement. Not sure the SEC would like it if they sold in the near term.
     
  7. J_FROG

    J_FROG Road Train Member

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    Yes, when you think about that guy, Martha Stewart comes to mind. Makes you kinda wonder, doesn't it?
     
  8. jtannillo

    jtannillo Medium Load Member

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    He was told by someone at knight that something was coming down the wire. Whoever told him is the one who could potentially be in a lot of trouble. Its funny cause the stock popped to over 9 dollars a share on the day of the announcement even though the articles say USA rejected it.
     
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  9. J_FROG

    J_FROG Road Train Member

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    Yep and Knight owning 8 percent of the stock. Wonder how much they sold when it hit $8.90. They knew USA wasn't interested, so why did they announce it?
     
  10. RetiredSarge

    RetiredSarge Medium Load Member

    USA put them out on front street with their response!!! That was definitely a ## response.
     
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  11. jtannillo

    jtannillo Medium Load Member

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    In the end it won't matter if USA is interested. If the shareholders vote to accept 9 bucks a share then thats what it will be.
     
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