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benjo

02/15/11 1:32 AM

#4573 RE: Gambit13 #4572

ouch man sorry to hear that. to answer your question, take a look at the price action on your very own GWAY...

the company got bought for only 3 million dollars...so in all fairness, the market cap (company valuation as according to PPS) should have topped out at 3 million...but no - - it went up to over 20 million with shares topping $5.

look how the shares of BLOAQ have spiked just on the news that it will go up for auction.

in other words, a bid would increase the pps for the same reason it increased the PPS on gway - - people BUY BUY BUY because buyouts = buying frenzies.