InvestorsHub Logo

Kevin40

03/31/12 2:34 AM

#82129 RE: bigfish1972 #82109

Let them shake the tree more then.. If the buyout is planned, wouldn't wall street big boys be loading up crazy. That's the thing that is puzzling me from 36 to 08
What if some of the predictions are wrong and the buying from 01 to 36 was irrational exuberance? Few saw opportunity, they made money while some got stuck. Why would a buyout carry 1.1-1.2$ price tag for a stock of 10 cents.. A max buyout would be 35-40% of last close. May be they know that buyout is around 20 cents and the market makers are auto adjusting the price accordingly.. Just think critically and answers might pop out.. I am holding few but I am thinking again after the price action today.. Will wait for mondays action to see what I should do with this? To everyone on their own as company will not communicate anymore