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moe_the_gyp01

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moe_the_gyp01

Re: Shmoopster post# 103

Thursday, 03/01/2012 12:08:02 PM

Thursday, March 01, 2012 12:08:02 PM

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I wouldn't. You can't hedge a bet since this stock is not optionable. It's all in or nothing. Too many hookers in that non-binding announcement. Typically, a tender offer carries with it a substantial penalty for breaking the deal. This doesn't. Too cozy. Seems like naked stock manipulation by the insider.

I would pass on this play.

http://i772.photobucket.com/albums/yy8/vrbaca01/et02092011.jpg

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