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Re: dc key post# 6769

Tuesday, 01/03/2017 8:17:03 AM

Tuesday, January 03, 2017 8:17:03 AM

Post# of 8579
dckey, good morning and thanks for having responded to my curiosities. You've had a long wait here, even if you would have unloaded some of your "4's" at precisely that right minute in the couple of trading days in the past two years when the stock price nearly touched five cents on an intraday basis before settling back down.

To answer your question, my own bias is very much against stock deals because it's highly likely that everybody would run for the exits at the same first available moment such that the holders of the acquired company wouldn't realize anywhere near the value they were told they'd be getting. As it seems to be the case here with PLY, you've got an acquirer that's an LLC so I don't think the question of stock even comes up unless and until a new corporation would be formed for purposes of digesting this acquisition by PLY.

Your comment regarding short sellers coming to borrow your shares is fascinating, so perhaps there is an advantage after all to holding stock in your name rather than in street name (despite lots of inconveniences if one does a lot of trading and hates trips to the post office to send stock certificates by registered mail).

But as ever, I don't hold myself out as being an expert on much of anything these days, as I've been retired for four years and haven't been a CFO for nineteen years (the last fifteen years of my career were spent as a federal health care regulator - sadly not at FDA regarding which there are a lot of questions to ask and to be answered as regards the vaping industry).

Finally, I'm saddened that an apparently good poster like you would be cut off from posting. There are always two sides to every controversy, so it's not permitted to me to judge whoever is judging you regarding the legitimacy of your posts, since I don't know their side of the story. But I am allowed to be saddened at your misfortune. (One might be interested in your dislike for capital letters, but my most recent experience with someone who didn't type capital letters was that his cerebral palsy made it very difficult for him to hit the Shift key in a coordinated manner - the fellow became a folk hero for the value he brings to that particular board which is a hangout for fans of the Boston professional sports teams.)

As usual, I've drifted all over the map in my post, but hopefully I've given you some value in return for your time. Enjoy today thoroughly!