Actually, if you marry the bloated optimism of yesteryear, with today's Debbie Downer.... You are probably spot on. If you think back on one of their first order if business was to secure a payout in a buyout. I thought it would come quick, others thought at that time 'within a year'. That's only 4 months away. Acquisitions seem to happen more toward the end of the calendar year.
Pretty tight lipped last cc? Oh Ya they were. I remember being in another stock where all were just as confused and BS over the lack of direction. SVNT. We held through financing which we did not know would come or not....hoping for the buyout. If they didn't get financing it was BK. They got it and the stock was stagnant. I was like, I held thru an all or nothing deal, they came thru and I got the same amount? Just like here....successes do not reward investors here either.
Svnt was sold a month later, less than what I had hoped given the risk. Just like here. Whatever Imsc gets on a sale of the company will bring us all back to scratch plus a few.... But far less than we had hoped. It is still a win.
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