InvestorsHub Logo
Followers 15
Posts 2017
Boards Moderated 1
Alias Born 03/31/2008

Re: RunningRobert post# 221

Thursday, 05/31/2012 6:50:56 PM

Thursday, May 31, 2012 6:50:56 PM

Post# of 227
People don't believe that the buy out will happen. I stumbled across this stock by luck. I usually buy over sold stocks that drops big time simply because of one bad news. It recovers later in the day or the next day and I make a nice change.

This one made me almost double up; I was expecting a 10 - 20% return but caught the second buy out news by luck.

Anyway, the $3.05 offer fell apart and so could this one. They are also being investigated for fraud. why would you deny a $3 offer and then accept an offer less than that?