Replies to post #61276 on GoodFellas Big Board Catalyst and Chart Plays

[prokopton]

CBP

I think at this point it should be safe to rule any serious SEC investigation. It would make little sense if the SEC found reasonable cause of wrongdoing, halted the stock, then remain silent about it for two days. But stranger things have happened.

There are a few scenarios but my guesses are a buyout offer or restating quarterly numbers.

Yongye had an offer to go private at a PE of 5.5. Using the same guideline, CBP's offer should be around $3.85. If that's the case, I'll happily tender my shares.

It's either going to be very good news or relatively bad news...