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Re: A deleted message

Friday, 09/11/2015 9:05:43 AM

Friday, September 11, 2015 9:05:43 AM

Post# of 54900
Well we have at least two voices of reason today. In case anyone is wondering I hold a little over a million shares, so ask me if I'm concered about what comes next? Damn right I am. On the other hand I have to look at my divy amount and say well done. I won't break even if this all goes away but I won't have lost it all.

Now, having been part of a couple of mergers and take overs, I can tell you that the joke we all do that we call DD is NOTHING compared to what goes on in buyouts, mergers etc. absolutely no stone is left unturned. A highly qualified team of managers, VPs and accountants, experts in every phase of a business, like mining for example, descends on the companies and by the time they are done they know every little secret of each other. Of course they all sign papers promising not to act on this knowledge should the deal fall through, but still they know. And if there are anomalies they will need to be addressed prior to any deal being consumated. Oh yeah, did I mention that in the case of publicly traded companies that the SEC will be right in the middle of it all.

Cyberslute opinions aside, there is no way to hide anything when two companies plan a merger. Cry fraud, scam etc. all you want. You will still be dead wrong and a asinine opionion at that.

I have little doubt that this circus will be ending soon and that only the true investers here will ever know what happened.

John Maynard Keynes1883-1946
Invest, don't speculate! "Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market."