Alpine Air Express, Inc.(fka APNX)

[ThomasOMatic]

I am surprised that there isn't more discussion here regarding this proposed transaction. I have gone over the filings with a fine tooth comb, and it seems that you can make an easy $200 bucks or so by purchasing exactly 1999 shares at today's PPS and taking your .16+ cashout. According to the trade logs, roughly half of the trades this week have been purchases of 1999 shares.

The catch is that $200 is all you can make doing it that way. Anyone owning 2000 or more shares will not be cashed out, but will continue to be a shareholder going forward. So it's the old bird in the hand question... Do you take the $200 gift, or do you hold more shares and hold out for the possibility of an even higher PPS...

Thoughts?

T!