Wednesday, October 20, 2010 3:38:37 AM
In the long run, I think the PPS will settle based on the fundamentals of the company (most of the time.) The visible 4 Billion O/S is rather intimidating, and that is repelling any long term investors who are looking at this company. There might be rumors of such and such happening, but until it happens the company is what it is at the moment. The way I would analyze this company is that it is at the high point of its value of $22Mil as reflected by the PPS. Until more things change about its stats, it doesn't look very appealing. If the Hydro deal can be completed with the involved shares taken care of, this should make it more appealing for the bigger investors to move in and establish a higher, more stable PPS that is being anticipated. IMO
The PR engine seems to be exhausting itself out, and the most predictable factor for driving this up would be short sells forced to cover. IMO
Hopefully the merger news will catch on and show that MMMG has integrity with this deal, and the process they are going through is predictable (we don't need to know every little step) and effective (it is bringing satisfactory results for both the company and shareholders alike).
That's my little rant to end the day.
Best to all.
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