InvestorsHub Logo
Followers 119
Posts 1758
Boards Moderated 0
Alias Born 11/03/2006

Re: Catawbakid post# 377

Saturday, 10/20/2007 3:52:04 PM

Saturday, October 20, 2007 3:52:04 PM

Post# of 1057
It was a good discussion today. It was especially good for current shareholders. Framing the context of the situation is vital for them to properly monitor and evaluate their position in this on an ongoing basis. Frankly, this is not a stock you should take anything for granted. It is very rare to find management in this kind of corporate structure enacting these kinds of deals and rolling up big transactions rapidly to be fully focused on shareholder value. They are playing a calculated game of leverage and if it works it will end up benefitting the shareholders with a run up in the PPS in spite of any internal compensation or sweetheart deals, but if it doesn't you'll end up holding the bag. So diligence is required here, that's all. If this works, you'll see $6-8 a share within 6 months probably and if it doesn't it could go well below a dollar. There won't be some comfy middle ground at $2 indefinitely. The stock will move in a definite direction up or down technically this Fall. Good luck to current shareholders.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.