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JustForFun7

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JustForFun7

Re: gabbs post# 16654

Thursday, 09/06/2012 11:07:11 AM

Thursday, September 06, 2012 11:07:11 AM

Post# of 26631
the 55 cents the market is paying right now is the 48 cents plus whatever the market thinks Spanish properties might be worth. Remember the offer is 48 cents plus PTQ shareholders get to keep the Spanish properties if PTQ management can spin them out to PTQ shareholders before the takeover.

I can't comment on whether a purchase over a buck was good or not. But I would say the 55 cents the market is paying now does not reflect the value of PTQ.

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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