this trade was indeed peanuts but green nonetheless..not prior 3 yrs though, when you were with yer bgyt mommy pk
I just got my deniro posted by TD to my cash account 1 hr ago but I had to call them at their TD Banking division. Today is the "swing date"
I have made a killing last 3 yrs trading Allot and Procera.... almost bot da farm on this last position before going +15% green today. First capital gain ever in my portfolio since I held this scam for 15 months.
pretty damn close to 12 and not fives like you said Pilgrim. I made 15% in 15 months, nothing wrong about that, esp when compared to your investment timing ...Loser Pilgrim
They had institutional support before even announcing the acquisition, this was a done deal from day one.
I think you have failed to grasp that ultimately it is always the buyer that sets the price of anything. Buyers have had ample time to step up with higher offers but none have.
This is supposed to be what was to happen to PKT. Stock was at $8 on May 22. First offer comes in at $17. Now that offer has been beat and $20 offered by someone else. $8 to $20, two offers. PKT decides $9.50 to $11.50 is "compelling value to shareholders". And no further offers received.
You and wedge appear to be the only people left in the room. Don't forget to turn out the lights on your way out.
Acacia / ACTG is a name i have been familiar with for many years value prop has never been so compelling. I do believe company has been maligned with the "NPE = Non Performing Entity" thus creating a stunted EV. ACTG is the go to Company whenever a individual , company , institution or some other entity is in possession of a Patent / Intellectual Property and they feel someone is either using it w/o owner getting properly remunerated or party would like to explore avenues to monetize the patent / ip . Balance sheet has 150 -200 million in cash / no debt. Acacia is currently in possession of 12-15 marquee portfolio each one with potential of generating 100 million plus of licensing royalties ; they do anticipate owning closer to 17 by end of this calendar year. This franchise was validated as best of breed in space when 3 years ago FMR & Soros invested hundreds of millions of $'s at $38 per share. Soros has subsequently blown out , FMR has added becoming largest shareholder. Short Position is large 8-10 million on a 50 million shareholder base ; institutional interest has been close to 100% over last several quarters.