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56Chevy

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56Chevy

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Re: xrymd post# 66

Tuesday, 09/24/2013 1:13:30 PM

Tuesday, September 24, 2013 1:13:30 PM

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Mr. Market had JAXB priced at $1.50 the day of the announcement.

What I hear you saying is you would prefer buying at $1.50 while XYZ Fund was given exclusive rights to buy 20MM shares at .50?

I fully exercised my rights...and if I would have been a backstop investor on something like this I would have bought all the shares short-sighted traders didn't.

The bank needed (and I think expected) a much better participation rate...this will set them back a few qtrs...but I still think investors won't regret the purchase.

Banks are money machines. Let's re-visit this in 6 to 12 months and see what a .50 buy returned.

Deal?




Learn something new every time you invest...and take it with you to the next opportunity.

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Volume:
Day Range:
Bid:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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