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overachiever

03/21/10 12:36 PM

#14662 RE: ThEpRoTeCtOr #14661

They could and would if there was a deal, but obviously there isn't one because this isn't happening.

Couldn't the buying Company's Investment Banker gobble up cheapie shares at these low prices?

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Chris21

03/21/10 12:41 PM

#14666 RE: ThEpRoTeCtOr #14661

It is allowed to be done but they have to report when they buy more than 5% of shares. If that is done then it would tip off investors as to who the buyer is.

That could still be happening though and if it is you will see a filling with the SEC on monday and a PR announcing the buyer.