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Thursday, May 14, 2009 6:04:44 PM
I hear you 4keywest
Keep in mind if people hold assuming a buyout,ask yourselves @ what price is BKUNA worth to a potential buyer? Then ask yourselves the chances of a buyer coming in the next few days with an offer instead of just waiting until this goes into receivership and sold at pennies on the dollar???
This is the biggest risk play I have encountered in a very long time. I thought Citigroup was a crazy risky play back in Feb when it was @ $1 and just below. All that talk about Nationalization. I told people to stay far away from Citi & so far I was wrong.
I guess my point is if you know the risk involved and what the consequences could be, and your willing to possibly lose it all here, then GLTA
Keep in mind if people hold assuming a buyout,ask yourselves @ what price is BKUNA worth to a potential buyer? Then ask yourselves the chances of a buyer coming in the next few days with an offer instead of just waiting until this goes into receivership and sold at pennies on the dollar??? This is the biggest risk play I have encountered in a very long time. I thought Citigroup was a crazy risky play back in Feb when it was @ $1 and just below. All that talk about Nationalization. I told people to stay far away from Citi & so far I was wrong.
I guess my point is if you know the risk involved and what the consequences could be, and your willing to possibly lose it all here, then GLTA
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