InvestorsHub Logo
Followers 16
Posts 1898
Boards Moderated 0
Alias Born 05/12/2016

Re: livendi post# 128699

Saturday, 06/19/2021 6:59:01 PM

Saturday, June 19, 2021 6:59:01 PM

Post# of 140474
Livendi, I was also focused on maximizing my share count by trying to time my last big purchase on a dip.

A friend of mine convinced me that it just isn't worth the risk. Anything could happen at any time, from buyout to equity stake to... who knows. Something could drive our price up faster than expected, and I lose out on a few hundred shares or a couple thousand extra shares. Small potatoes in the grand scheme of things. Or the buyout could catch us all by surprise while I was waiting to use my money to get the extra couple hundred shares. Then I miss out on scooping my last 30k shares because I wanted 30,100. That would be risky and foolish. So I'm getting as much as I can, as soon as I can. Monday, actually.

Milestones? Nothing can be said for sure either way so I can't rely on a buyout announcement based on that. And knowing they've had board meetings in the past year without MDT allowed to monitor, I don’t want to accept that risk.