DO NOT invest in most any stock, especially this one, hoping to make money capitalizing from a buyout. Pure and simple a fool's game. It's the metaphoric equivalent of getting into a relationship with some rich guy (or girl for that matter), hoping and expecting some day you'll get married reaping the benefits of the said union. Stupid with a capital "S." You could and usually are strung along until your investment eventually becomes tired, old, and much less attractive LOL!!!! Just commit and sit, but think with your mind, wallet, timeline, and not your crazy heart. Food for thought I guess. TAZ
Hey #$%$, who said LF was for sale and if so we'd take any offer. The current valuation on Leap Frog is a joke; a myopic view of this educational giant. Only a sucker would short this cash rich, growth play. What price will shorty cover? You know the float Buffett, what will your price be? The funny thing about a buyout of LF is if it does come up, say someone offers $16 a share. LF will trade at least $2 over the offer price, you know that don't you. Sleep tight.
Tim - I buy a stock because I consider it to be undervalued for the time frame I consider holding it for. If it is suddenly bought out at a premium, that validates my original thinking. If it rises because of fundamental factors, that also validates my thinking.
In either case, given its fat balance sheet, earnings history and prospects, LF in the single digits is IMO significantly undervalued.
Joe, THAT'S what I'm Talkin' about. For all available elements of reasoning LF is a good, not great, stock to own. I'm sticking to my previous prediction of $10.50 by end of June. Hope I'm wrong...(k's worth. TAZ
I agree that investing with the hope of a buyout isn't the way to go. You never know when it will happen and you have no idea how much the premium will be. I've owned 3 stocks that I can think of where the premium was between 0% and 10%.