News Focus
News Focus
Followers 3
Posts 146
Boards Moderated 0
Alias Born 05/17/2006

Re: DCschmoeka post# 13776

Tuesday, 07/25/2006 8:34:01 PM

Tuesday, July 25, 2006 8:34:01 PM

Post# of 169297
As far as I am concerned we the shareholders control the price of the stock after the merger. If the price is set at $15.00 and no one sells below that, we hold at $15.00... period. Only if shareholders start to sell their positions lower than that does the price go down. Consider this analagy. If I were to give you the winning numbers in the lottery and guarantee you that if you play these numbers you will win $1M no ifs and or buts about it (let's say the lottery is fixed and I have the numbers in advance.) You check the numbers on Monday morning andd see that I was right and you have indeed won $1M...would you sell that ticket to someone offering you $250K for it????? I don't think so...I know we cannot predict people's greed and we know that they will sell off at $10 or $5 or whatever, but the shareholders could hold the price if we hold our position and refuse to sell below that price.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today