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Re: Jackroch post# 8111

Wednesday, 05/23/2012 1:28:37 PM

Wednesday, May 23, 2012 1:28:37 PM

Post# of 20680
Just how do you figure you will win if company goes private? There is no short position on this stock. Going private does nothing for you even if there is a short position, you will get paid not what the market value is at the time but what the company agrees to pay you, period. Let's say for the sake of argumant that there is shorts and they have to cover to the ask, you still have to sell your stock and right now you'd have to sell at the bid, so you lose either way. And with a company burning through cash with no profit, only value on this company is its hard assets, and that's not much. So I ask again, where do you see the benefit to the shareholder going private??

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