Delta Petroleum (fka DPTRQ)

[downsideup]

Hiring outsiders to help them consider their strategic alternatives... is not exactly all that subtle ?

It DOES say they have identified a need to change things... perhaps a lot. I think that IS a rational approach for them... as I've noted. That doesn't have me saying you should sell your shares now before they sell the company for you, or sell the assets, etc. I think it isn't exactly a "vote of confidence" on the part of insiders, rather than an indication that you need to be focused on making similar decisions on price vs. value just like they are... with an eye to getting your $$$ out of the investment on the best possible terms... which is exactly what THEY are doing now ?

I'm NOT doing the work to figure out what their assets are worth, or what the optimal timing would be, etc. It seems they've hired expert help to help them figure that out ? I think holders need to be thinking the same way they are... to be able to optimize their own decisions re their timing in buying, selling or holding on to shares... while deciding on their own exit strategy.

Anyone here think they'll cash you out for a lot more than a share sells for now ? Do what you think you should, etc.