I am not saying a buyout will come until the stock moves up because I do not believe the Entropic Board would take less than 12 per share. That said, the way a buyout usually happens is that there are buyout rumors and then the stock moves up 3 to 4 dollars per share. Then, there is a buyout offer. 100% premiums have happen commonly in this area of tech over the last few years. Previously, I have listed many such deals. This stock has been manipulated to no end. Henry stated that at the time of the Trident buyout, he believed the intellectual property could be worth a billion dollars.
I was reading that NXP at one time had twelve thousand patents alone, before they combined with Trident.
Just a few years ago, the Trident tech was considered state of the art.
Trident Microsystems and NXP Complete Transaction to Combine …
John, I truly appreciate your extrapolative mind here. This is truly a "big deal" and I think ENTR will soon be seeing a gap UP day reversing the long accumulation we've been under and the beginning of very rapid rise to our previous highs. Thanks for pointing out the Vodaphone footprint. It truly is an exceptionally good time to be long this stock. Any price under $10 dollars per share is going to be in "SHOULDA, WOULDA, COULDA" territory by the beginning of 2014
Best case - Where do see the stock price end of 2014 ? I think at this point we need 2 quarters of solid #'s before we really take off. There have been so many misteps with this stock it is nice to see some real reasons for hope