InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.20
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,661.45
(
0.57%
)
Post# of 1731
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Enterprising Investor

Send PM Follow Ignore
Followers 241
Posts 12069
Boards Moderated 0
Alias Born 04/05/2009

Enterprising Investor

Member Level

Re: h_man_investor post# 1505

Saturday, 05/08/2010 2:25:45 AM

Saturday, May 08, 2010 2:25:45 AM

Post# of 1731
Exactly.

The company was public about its intentions to buy liabilities and SKRUF at discounts in any type of transaction.

SKRRF is paying a $.50 fee for each share purchased, so the real cost is at least $5.50.

Mr. Market will react on Monday, and the Arbs take it from here.

In any case, I am not tendering at this price.

If you aren't an Enterprising Investor, become one—you'll love making money like Benjamin Graham.

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

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.

Sign Up