it is strange that all the bashers went silent and fled into the woods since this stock started its recovery with the general market improvement
to heavy discounted share price
current share price is still cash on the back + 0.66$ for the property + stock + receivables - liabilites + business
if we see a similar short squeeze that we saw in the shares of Porsche, we might see 6 - 8$ level easy.
next quarter numbers migth not be good, but that's discounted in the current price, se we might see a slow steady improveemnt from here...
any idea what would be a fair buy-out price ? i think it's a risk that a financial group makes a bid on this company in the 4.5-6.5 range taking advantage of the distressed share price, 1/2 of the take over price is cash on the bank, so this is an easy target from a financing perspective.. a no brainer
any thoughts ? see the instituation and mutual fund share holders, they bought steady over the last few moths
Nice post. I honestly do not think that MLNK is a buyout candidate right now. I do believe that they will continue to move up towards the 200 day moving average near $6 before pausing for a catalyst to get us back to $10 +++