I agree. The shares seem cheap at this point, and they have a lot of cash on hand. I think that I will stick around to see if they receive a bid for this company. Just curious, if they were to receive a bid, does anyone have an idea of what could define a reasonable offer?
PAAS is awfully big to be bought out. I wouldn't hold shares based on that thought. I am holding shares based on my outlook for silver. Also pretty darn sure the reaction to earnings was way overdone. Bill Fleckenstein believes so as well.