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Re: MITrader post# 55036

Wednesday, 12/15/2010 9:35:02 PM

Wednesday, December 15, 2010 9:35:02 PM

Post# of 66758
my thought in all this. both buyouts occurred simultaneously, they pr'd the 1st one to see how the market reacted. then the 2nd pr was excellent but something went wrong there.

no one on this board mentioned, nor stopped, just for a minute to say, gee, they did reject the 1st bid because they already accepted the 2nd bid. perhaps, just perhaps there were more than 2 bids and the 2nd bid of 2.50 was the best offer on the table.

regardless there is a pr out tonight, tomorrow, even friday, i would prefer for the co to take their time and specifically have a proofreader so that these issues can be avoided.

does anyone know how much pressure there is to file a form submitted to the SEC, i can assure anyone on this board its mind boggling and under a great deal of time contraints. there's a lot of $ involve so if my company has to borrow from peter to pay paul so be it.

after all said and done, the longs made $, the shorts made $ and flippers made $.

anyway, just my opinion.