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Sunday, December 17, 2017 1:31:46 PM
this was the reason I sold all my position on that pop. Remember that PR confirmed what we already knew ( that Monsanto was interested ) and that DATA was good. What it didn't so was confirm a buy-out nor solution to their perilous cash position.
ENTER - OFFERING & Cash Raise to keep them going another 1 year.
Monsanto obviously didn't put in an offer YTEN deemed high enough and as such they agreed to let Monsanto run free tests on their Cash Crop = Soybean
If that comes back good, we can expect an offer in the $8.50 - $15.00 region by Mid-late 2018. In the meantime we could just see Share Price Weakness
All just my opinion. AND this will take time.
As you can see my posts on this board go back to Sept 2011. I've held this for 6 months up to 2 years a couple times to realize multi-bagger returns.
I'm happy to start building a position over the next few months with the same strategy in mind.
Disclosure: All time of writing this post. I own ZERO Shares. LONG or SHORT
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