I certainly think and not to sound like a broken record, but you are spot on again.
I am not saying that all investors are like me, but from my point of view, here is another reason why I think the deal will get done during this next tender, and that at least some folks are of the same mindset:
Anyways, after the first tender failed, I untendered all my shares and sold into the open market to leave me with 50% of my original total(I had also sold some shares prior to the first tender).
Anyways, my strategy after the first tender was to play a wait and see game with my 50% remaining shares to see if Astellas, Mario or anyone else offered more.
I also decided that if none of this happened, I was going to sell all of my remaining shares right up to the final deadline date(or actually a day or so to allow TD to process the transaction).
My fear was that if the tender didn't go through, Astellas might get pissed off and walk away and the stock price might collapse immediately if no other suitor, and I didn't want to risk that.
Well two things happened to change my thinking:
First someone stated that Astellas couldn't walk away until at least March and second of all, I wasn't counting on seeing the stock price in the $8.20 to $8.35 range right before the deadline.
Thus I decided to just sit tight.
Now I feel entirely differently because today Astellas is very near the amount needed and have extended the offer, which in effect has taken away my worries and especially about the stock price collapsing.
What this means that I am going to once again sit tight until deadline time to see if Astellas bumps the price a little or if miraculously a white knight emerges out of nowhere(actually imo the correct term here is not "white knight but "black night" as imo it will be lights out for Ocata very soon)and tender my shares because I want to help the cause to what imo is inevitable and because the fear factor is now gone for reasons cited.
