Its way way down and with the pending merger, it should add up to a nice profit!
BDWH to do 1 for 100 RS Then buy out TWOG at .085 per share The math is worth doing because its looking like a major swing in the TWOG shareholders favor at this time!
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Seems to be discounting more. I've been sitting on 100,000 shares since I bought them at .095. Kind of forced into the wait game since I don't want to sell at a loss.
Hope things go well; I need to start seeing more upside!
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The closer the stocks get to the merger the Spread between TWOG and BDWH should get greater. I think investors will try to get out of BDWH and get into TWOG because of the 100 to 1 R/S. I expect TWOG to get more and more play , but you never know. Not a lot of shares to buy at this point in either one.
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I don't understand what you're talking about when you say TWOG is having a RS..if I buy now, how much profit are we talking? Sorry, just not understanding.
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BDWH is the one doing the R/S and then buying TWOG for .085 cents per shares! It works out right now to TWOG being worth about .065 per share, after the deal is all done! Thats almost a 10 bagger!
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any clue if bdwh will hit the .003 mark again before the R/S ,, sorry for all the questions but im a newbie,, and i put my money into bdwh,,,
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BDWH hitting .003 again is a strong posibility. It has after all been bouncing all over the place. I would not however bank on BDWH being the stronger of the 2 TWOG/BDWH until after BDWH completes the R/S and merger. After that I would suspect a boat load of PR about the oil deals! I'm figuring that they are sitting on news and letting this deal get complete first. Because of the major difference between the value of both stocks, TWOG is worth a hell of alot more than the PPS reflects at this time, and the lower BDWH gets the more TWOG shares are worth. Another thing a noticed is that the PR confirming the merger says "minimum of .085 per share" leaving me thinking that it could possibly be a higher number, but at least .085
Heres how it was written
HOUSTON, TX, Dec 09, 2005 (MARKET WIRE via COMTEX) -- Transworld Oil and Gas Ltd. ( TWOG ) announced today that it has completed negotiations for the share acquisition of all shares of TWOG. Shareholders will receive shares in the new company with a minimum value of $0.085 per twog share.
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Does not seem to be many shares for investors to buy at this point, investors seem to be holding at these prices. At what price will they let go ?
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ok,,, so let me get this straight,,, i already know bout twog being bought up by bdwh,,, but that isnt to end of febuary,,,,i am just wonderin why twog isnt flying now,, u would think people would wanna get in now while its low???? i got in twog today finally,, hopefully i wont be spending valentines day at dennys,, im moving on up to applebee's,, hopefully i make enough money i can dump my girl now and buy myself a blonde
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Some of us have wondered the same thing. I wonder if I missed something. If you are going to applebee's make sure not to have them put juice in a container for a kid.
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