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Edison Schools, Inc. (EDSN) Message Board

  • whyiloveamerica whyiloveamerica Nov 22, 2002 7:29 AM Flag

    shoooo

    hey all.

    wow. what a wild week. I must admit, i even bought some more at 2.10. And am still holding. I doubled down or what not at 1.44 and 1.58. But don't plan on filling up for any more right now.

    goood-ness. The run to 2.50, now, in hindsight, was all momentum and speculation. I think the recent news jolted everyone and showed everyone that the bumps are still not over...and that we've got a ways to go.

    but do I think we'll start to go up from here? Certainly. But not at a quick clip like before...that is unless we get full buyback and a bit of the 'buyout' speculation can be focused.

    i'm still of the opinion that this is a killer mid-term hold. I'm also pretty confident that something re: buyout will come to light before the December shareholder meeting.

    And that will make us soar.

    Also we still have the release to come that says that they now have 30-50 million additional cash from loan refinancing. this will be a massive release.

    so, i'm pretty confident still at these prices since there could be two major releases in the next month or so...

 

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