PARA- Paramount


I would love some insight into the announcement today where Apex Capital offered $35 a share for class A shares yet the stock responded by moving to $23. I assume the market doesn't have faith in Apex Capital's bid? I have had a painful position that is closing in on break even and would be a significant gain at $35 a share. UPDATE: It appears the Apex Capital Trust offer was a hoax! How the hell does that happen and go on for the entire trading day? https://www.ft.com/content/48d9db6c-b48a-42f0-a6d6-d8ca37a396c9


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