Chem RX {CHRXQ} has been lighting up on several of our screening processes as an extreme opportunity to make Massive Gains, as PharMerica Corporation (NYSE: PMC) comes in with a SEC 8-K filing offer to buy out the company for $70.6 million in a deal coined the ”Stalking Horse” Agreement. We believe and expect Chem RX {CHRXQ} Management to seize the opportunity to draw in more interest and some counteroffers, setting off what just could be a bidding war for the company!
With shares currently trading in the .03-.09 and a potential buyout offer somewhere in the $3.00 to $5.00 range, this is must own stock for the Holidays!
We expect more news from Company Officials as this Story Develops!
Stay Tuned for more updates!
~Spartan~
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