I agree with you. I am trying to be optimistic since I have had to stare down the barrel of such negative data points. It is so hard to predict acquisitions, thus odds are it does not happen. The Yahoo earnings date that someone posted of March 15 is what tipped me toward connecting the dots on an acquisition by BYI. It is interesting though to connect the dots as I have and add in the additional dots others have raised.
Another poster had mentioned other OTC stocks with trading halts and the optimism of a takeover. But, in those cases I wonder if the optimism was grounded in data points or just prayer/hope.
The data points myself and others are seeing are legitimate. But, the negative concerns are also highly legitimate.
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.