I bought a stock several months back, (MSPD) a small electronics company with an interesting cellular solution. Go look up their chart and see what happens when buy-out news is announced after the close. I strongly suspect that the same thing could happen to GNW someday. However buy out has been thrown around on this board for a few years now. Although it does seem like buy outs are happening more and more lately.
What the MSPD buy out proves as that the share price does not always reflect the actual value of a company and if it is undervalued, it becomes a buy-out target.
A buy out is a short term blessing and I would be glad to cash in on one here but that is not why I bought this company. I bought it because I am a value investor who likes momentum as a bonus. We have value, momentum, reasonable safety , nice growth , and you get paid to wait. So we who wait also serve and are served with growth. Perfect stock . It is hard to believe it is still this cheap. Love it. This is no TSLA, TWTR or AMZN or any other high momo stock that caan let the air out at any moment and rip your face off. Number 2 holding and adding to it.