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Re: Omega3Man post# 2531

Thursday, 12/23/2010 1:23:07 PM

Thursday, December 23, 2010 1:23:07 PM

Post# of 3211
Make sense? Maybe, It's obvious management wants the share price as low as possible right now and are buying as much as they can without moving the price up. Manipulating the share price? Maybe, nothing suprises me anymore. Taking the company private? Maybe that too. If so, I'm fine holding my shares until they go public again or buy me out when they reveal their real value. I know their book value of .22 is low and if they do take it private, I am confident that I can get Terry to pay me at least that much rather than dealing with a lawsuit. Wasting money buying at these levels? Maybe not, if you have enough shares and can afford to play their game and see what they do, you could make some decent money. We all agree the company is undervalued at these levels and at some point whether public of private the share price will follow. They can't force you to sell your shares if they go private and at some point they will want their own shares to have the value they know is there.
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