Value Microcaps Motherboard

[houtheman]

Important question here for everyone...

PTG and RMX... 2 stocks I purchased this week but quickly sold off RMX. Even though RMX is grossly undervalued - there is something about it and also about PTG that greatly concerns me... but I sold off RMX cause Im worried that housing market decline can effect their business this quarter.

Here is my question - both these stocks are extremly undervalued and heavy buybacks are happening. In the case of RMX - the parent company is gobbling up all the shares. In the case of PTG, a heavy share buyback program is making the float smaller as each day passes. CEO of PTG said if they cant find a good acquisition - they will likely go private this year. So what does that mean? Once they control 90% of the shares - can they choose to buy back the remaining 10% at a huge discount and screw the shareholder? because they own majority and can decide what price to buy it at? Or when oublic companies go private - do we get fair value? or a premium? How's it work?