On the flip side.....if this "buyout" is so certain, why is PPS so low?????.......you would think if there was any widespread confidence in this being a GOOD FAITH deal, a buck PPS would easily be broken.....why aren't people bidding this stock up????
BTW, any stock I've owned that was announced to be bought out quickly approached the appropriate PPS (ex: when ABGX was bought by AMGN).....
I think my ideas on this "unsolicited buyout" have already been voiced.....just another carrot to take attention away from KY funding, while establishing some fairy-tale valuation for the stock......a win/win for insiders, no matter what eventually happens.....
all my opinions, of course......time will tell if I'm right or wrong (long timers know my batting average here has been pretty good)....
RB NSOL Board:
robnjr Post# 45557 Wednesday December 14, 2005 4:53 PM
Reply to: 45555 -- best1yetca
Reply: 45558
Pesty, I couldn't care less today.....ABGX $$$$$...being bought out by AMGN.....
robnjr Post# 46234 Wednesday March 8, 2006 12:19 PM
Today's buys for me: AG and MEDX (AG an an indirect corn-ethanol play, MEDX to replace some of my remaining ABGX as it approaches the buy-out price of 22.50).....
PS: AG was below $20 back then!!!.....now $62......oh well, you never go broke taking a profit....
