Sunday, March 13, 2011 8:42:44 PM
I'd be pissed - but of course I don't own 200K shares either but the number of shares anyone owns is irrelevant.
On the other hand, as part of the "pending" news announcement, shareholders were advised that Deloitte had resigned (for whatever reason), management would be taking the company private at $15 per share (Jacky's cost basis coincidentally - or not) and anyone who cares to tender their shares should do so. Oh by the way, 7-8 million short shares still need to be covered so maybe the share price actually rises above the $15 tender price as that happens....that would be ok with me at this point given som eof the other alternatives I've seen floated here today.
To borrow hockeymans term - BWTFDIK
On the other hand, as part of the "pending" news announcement, shareholders were advised that Deloitte had resigned (for whatever reason), management would be taking the company private at $15 per share (Jacky's cost basis coincidentally - or not) and anyone who cares to tender their shares should do so. Oh by the way, 7-8 million short shares still need to be covered so maybe the share price actually rises above the $15 tender price as that happens....that would be ok with me at this point given som eof the other alternatives I've seen floated here today.
To borrow hockeymans term - BWTFDIK
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