medcal,
Could you tell us about the company you owned where you were invested in a company where management became a minority shareholder. what was the companies name and what were the circumstances that led to it happening?
I didn't realize that the takeover poison pill was waved with regard to LFB, but it illustrates how current the GTCB management are fiscal morons who care nothing about GTCB shareholders.
As far as LFB, they still benefit greatly if GTCB stock goes higher, both as majority owner and because they can exercise warrants at low prices. If LFB wants to own the entire company, they still need to make an offer that current shareholder will accept.
Good Luck. You may have made the right move selling today. For what it is worth, I will consider lightening up at some point but it won't be now.
Vinny
P.S. I never doubted Dew's sincerity.
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