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Replies to post #47817 on Vestiage, Inc. (VEST)

Replies to #47817 on Vestiage, Inc. (VEST)
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manwe sulimo

01/10/07 10:23 AM

#47819 RE: Ca/apul/ #47817

Buyout? And the Short Squeeze Scheme?
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immitt

01/10/07 10:25 AM

#47823 RE: Ca/apul/ #47817

Am I correct that if a buyout at .70 was announced the stock should shoot past that due to the sudden need to cover with a floor of .70?
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righty

01/10/07 10:34 AM

#47826 RE: Ca/apul/ #47817

tHATS ONE OF THE THOUGHTS i WAS HAVING YESTERDAY, AND IT SEEMED TO MAKE MORE SENSE THAN ANY OF THE REST OF IT

OOPS SORRY CAPS LOX lol
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Gutsy Will

01/10/07 10:46 AM

#47829 RE: Ca/apul/ #47817

Although we are getting way ahead of ourselves in discussing a buyout option, Don has left us with nothing better do than speculate.

I don't know how a buyout would be handled in our situation. My guess would be that the shorts would just pay the .70/share to all shareholders, and the market price would stay at 70 cents. Seems like it would be cheaper for shorts to pay for the ftd's rather than trying to cover them on the open market. But, if this were the case, then a buyout wouldn't make sense as there would be nothing to gain for the buyer.