InvestorsHub Logo
Followers 5
Posts 1234
Boards Moderated 0
Alias Born 05/23/2004

Re: hobiecatsailor post# 1161

Thursday, 07/07/2005 5:27:28 AM

Thursday, July 07, 2005 5:27:28 AM

Post# of 2437
Well - $3.125 would mop up all the short term trader shares and some of the larger share groups. Would give them a high %.

Once they have a decent %, they could then increase the offer to buy out the big share groups. I suspect the larger share groups must have a buy out price which is what is being negotiated at present.

I'm sure a new offer at $5.00 would go down very well - even with some of the larger shareholders.









Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.