News Focus
News Focus
Followers 843
Posts 122810
Boards Moderated 10
Alias Born 09/05/2002

Re: Aiming4 post# 29182

Monday, 10/05/2009 7:31:44 PM

Monday, October 05, 2009 7:31:44 PM

Post# of 57595

I suspect it is already a done deal as well, but can you explain why investors buying shares would likely favor mgmt's proposal?

The logic could not be any simpler: If the buyers in question thought management’s proposal was going to work to their disadvantage, they would not be buying shares in the first place.

To reiterate, the 17-day waiting period between the SEC PRE14A filing and the record date for the shareholder vote works strongly to management’s advantage by cleansing the shareholder base of holders with views contrary to those of management. Despite the lopsided preference on this message board for a No vote, I predict that Yes will carry the day by a wide margin. Regards, Dew


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today