InvestorsHub Logo
Followers 18
Posts 1829
Boards Moderated 0
Alias Born 01/11/2004

Re: Implanting post# 18120

Wednesday, 10/31/2012 10:56:23 AM

Wednesday, October 31, 2012 10:56:23 AM

Post# of 26631
all a competing company does is keep them honest. Existing shareholders get closer to real current value. Without another offer, all they do is keep bumping their offer until they get the 50% they are looking for. That could be well below what they would otherwise had to pay.

They will get some at 60 cents and as they go higher they will get more. I don't know at what point they get what they need.

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

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.