InvestorsHub Logo
Followers 67
Posts 842
Boards Moderated 0
Alias Born 03/19/2009

Re: Potse post# 2840

Monday, 09/21/2009 1:02:09 PM

Monday, September 21, 2009 1:02:09 PM

Post# of 94785
SBAT...picked up some more shares.....

Added some more shares of this shell at 23 cents. All things considered (share structure, valuation, ownership, risk/reward, etc.) SBAT continues to be among the most attractive shells in the market, IMO.

As I mentioned in the above post, as long as the Viking/SBAT agreement remains in place in which Viking absorbs all of SBAT's expenses until a change in ownership control, there is a decent chance at making nice money on this shell around this 20-30 cent area.

If RHGP steps up to the plate and does well in the coming weeks/months (as I am anticipating), that is something that could draw some additional attention to the SBAT shell.

Join InvestorsHub

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.