I also live in Houston, near the Space Center, but whenever my brother comes to visit, he brings me a load of fresh clams, to help remind me of my boyhood home. I am inclined to agree that there are not very many people that are fully aware of the sev story, other than people like ourselves, and those who have been touted the stock by one of the few market makers. I first got in early last year, around 13, and watched it preety much sit, until it started to take off last fall. At the time, I had no way of knowing that all of the movement was attributed to Mr. Soros, as was the second move early this spring, when he made his second move. Basically that means that he owns about 1/2 at 18, and the other 1/2 at about 22, for an average of 20 +/-. Do you pretty much concur with that general scenario?
I have been watching the Trident deal, and am slightly perplexed that the greed has not set in yet, being that everybody has a friend, brother-in-law, or a mistress, that information should be slowly leaking out to. It appears that there are a lot of people who are just patiently waiting to pick of their $10-15 rpofit in the nest couple of weeks, and if I was even remotely convinced that it was quite that simple, I would be one of them. I have no idea what Triton is going to go for, but if I had to speculate, my guess would be toward the lower numbers that are being tossed about. What is you take on it?
There seems to be quite a bit of talk lately, on this board, regarding what is, or is not going on. Mr. "Ray Charles" could see that some of it isn't worth reading, however the discussion about who is selling what, and conversion overhang, etc, makes it difficult for me to make any kind of near term projection. The only thing that I have noticed, of late, is that there appears to be less volatility, volume, and block selling, and that maybe there is a base somwhere in the 20 area?
I will be celebrating the 4th tomorrow, and in the event that you are British, you are still welcome to join the celebration, being that we are now paying more taxes on everything, than the King wanted on that boat load of moldy tea, that my fore fathers so proudly tossed into the sea. Just a little levity; enjoy the celebration of the greatest country on earth.