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DMTN Buyout Offer coming up!!
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[QUOTE]Originally posted by PCola77: [QB] This reminds me of IDWD. "We're going to announce a buyout soon" PR Stock price bumps up "We will annouce the terms of the buyout next week" PR Stock price bumps up further "Here are the terms of the buyout, somethign like a 400% premium to current price" PR Stock price spikes, then tails off "Didn't you hear us? We will be bought out at a huge premium!" PR Stock price bounces around, with no real direction. "That's just short term traders taking profits. Don't forget how much of a premium will be paid to you. This is a no brainer" PR Stock price stays flat. "No really, we're serious!" PR Small spike, then fades back down... Now, if it's like IDWD, you may see a huge spike again before it falls back down. As a comparison, IDWD went from .17ish to I think a high of like $1.70 for a 1000% gain. So yeah, it could happen, but I personally avoid plays like this nowadays, when I am 99% sure it's a scam, even if I am prety sure I could make money on it. I do genuinely wish you all luck, but I think you are sorely mistaken if you actually believe you will ever see a buyout for .49. Why wouldn't the "buyer" just be buying on the open market? [/QB][/QUOTE]
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