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Re: downsideup post# 2811

Sunday, 02/06/2011 11:30:23 PM

Sunday, February 06, 2011 11:30:23 PM

Post# of 12369
o.k. downside,

you put in the time and effort to give a lengthy reply so all i can say really is thank you for your point of view and opinion.

You make a strong point that they need to anounce results before putting in for a buyout....and if they are positive results as we expect this should go higher before they make an outright bid. The fact still remains, when i was a shareholder during the philex anouncement of buying fecofs 50% ownership....there was no warning,,,,,,no tender for my shares or anything......just an announcement that the deal was done and thats ALL. I was seeing 25 cents in value back then too and got just .025 from philex. As you say its already happened to you too......so nobody should blame me for mistrusting Philex and being bitter for their dealings.
this is just 15% of my portfolio but has taken 95% of my focus because of the action and excitement behind it.....but i need to just leave it alone and consider it my roulette investment. glta