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Re: pray post# 3234

Thursday, 05/10/2012 11:05:01 AM

Thursday, May 10, 2012 11:05:01 AM

Post# of 3734
You know what is interesting Pray is I called and talked to a corporate merger specialist at Ameritrade. They have a department that just does research on companies and this subject. I spoke with her for about 45 minutes. In that discussion she was even more posative that this would end up being a merger of some sort with a share conversion based on the info she looked over. She said that the only way they could wipe us out would be BK and that contracts would be null and void if that happened. Also agreed, as I said all along, that is was highly odd and irregular for insiders to hold their shares down to this level with all the negativity unless something was planned. So, guess we will see. But honestly Pray, these are two very large brokerages and we both got similar responses from both. The reason the person you spoke with may have been hesitant to be more posative was because he was not a specialist in mergers and acquisitions. This person was, but I am sure could end up being wrong. But she seemed pretty confident that this would work out pretty nicely.
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