Friday, December 10, 2010 6:09:54 PM
LOTS of bashers on here tonight - that's fine. It doesn't matter what they think or they say. All the company has to do is accept that buyout bid and everyone gets 1.75 a share.
My feeling is there will be other competing bids or counter-offers and we go even higher than that. Assuming all the information we have is correct, and I have no reason to doubt it, then anyone buying in less than 1.75 a share is putting money in their pocket if they hang on long enough.
You would have to be OUT OF YOUR MIND to short a stock that has an offer of 1.75 a share with the stock trading at .70.
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