The “reports” are just the bankers putting out offers essentially, and seeing how the (investing) public reacts. So on the one hand, they’re extremely real beca

The “reports” are just the bankers putting out offers essentially, and seeing how the (investing) public reacts. So on the one hand, they’re extremely real because they’re from the people who will eventually set the price, but on the other hand they’re extremely fake since not necessarily anyone has expressed an interest to transact at that price.