InvestorsHub Logo

dolmo

02/08/12 10:54 PM

#36869 RE: Nathan_J #36713

That depends upon whether you think that the takeover bid price would be higher or lower than the current share price. Given all of the DD posted on this board regarding the master plan of those in charge of this company (and their desire to profit off Spyder while also benefiting shareholders) I believe that the bid price would be significantly higher than the current share price. Moreover, some have suggested, based upon L2 patterns, that the company is buying back shares -- that would make sense if the company were trying to make a total bid price more attractive to stockholders (by increasing the PPS, while assuming some debt at a much lower price than would occur with a buyout at increased O/S at buyout prices) so that a buyout would be approved by the board (like it was during Mr. Fong's last venture). A higher PPS would also benefit insiders who hold a substantial amount of stock.

I believe that a buyout makes the most sense, given what we know. Notice the earlier poster who noted that the new web site took all future Atrinsic events down, which nobody followed up on but would make sense if those in the company knew that it was soon to be bought out.

By the way, I think that the chart analysis of folks like Dr. Pennystock and Claytrader are incredibly valuable in the meantime -- as I can see it, they really haven't been wrong about what this stock will do on a daily and weekly basis absent a significant intervening factor. But, I believe that such an intervening factor will occur sooner rather than later.