InvestorsHub Logo
icon url

GreatSuccess

05/05/10 9:16 AM

#30797 RE: stockguy99999 #30795

exactly - you got it right.
icon url

speedo1234

05/05/10 9:19 AM

#30798 RE: stockguy99999 #30795

is it possible the buyer is playing the stock everyday to build up cash to buy the company?
icon url

Brenton

05/05/10 9:27 AM

#30803 RE: stockguy99999 #30795

I definately agree with you it is good and risky, at the same time. I'm still learning about investing in penny stocks and keep with my own DD everytime. But - if the PR news was true, about the Buyer offering $.01 per share for the buyout.. Won't they do just that if it's part of the contract terms?

And I know people throw out promises left and right, and in Penny World those promises are about as reliable as stock bashers are; but the buyout would have to have some reasonable payment for those outstanding shares.