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bdahl385

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bdahl385

Re: onco post# 39074

Tuesday, 09/02/2008 3:43:59 PM

Tuesday, September 02, 2008 3:43:59 PM

Post# of 51429
My first buy in on HMGP was around 0.24 . At today's low, I will need a 6 bagger (600% SP gain) just to break even on that buy. I have never heard of a buyout where the acquiring company paid that much of a premium over the existing SP, it's usually 25 - 75% premium at least on larger market cap stocks. Anyone else know of an example of a nano-cap getting a significant buy out premium to the market price?
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