Friday, December 19, 2014 10:57:16 AM
All SEC issues go away on a buyout as does the current feeding frenzy by management on cash and stock. That is why we are all here. Not for the nickle and dime BS all of the current squawkers are squawking about.
If we wait until the end of next year when we are doing $260M that means a buyout in the $520M - $780M.
So if this drops to 8 again, buy all you can. Or trade it like the squawkers do. That is why bell comes in and out like he does and there is nothing wrong with it. If they can do it while being a bit profitable all the better. Just stay close to profits and when the buyout comes it is massively profitable for the buyer. All stock BS goes away, most execs go away with their huge salaries, etc.
Me,I will come in and out as needed without all the bluster trading around a core position. Arnold and Mr. Frost along with Brad are all in it for the buyout.
This is a very simple formula.
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