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Bel Fuse Inc. Message Board

  • walnutandoak walnutandoak Sep 2, 2011 6:29 AM Flag

    PULS volume jump?

    What the heck was that all about last night? A 570% jump in volume on PULS and a 11% decline in value? Something not good is happening. I sure would like to see the offer terms that BELFB made a while back that was rejected by PULS. What was very confusing was I received multiple proxy vote cards from both sides and it wasn't clear which was from whom. At the time I believed PULS was worth more than $6 but I also believed they should have tried to negotiate a higher deal. It doesn't appear that they did that. Now I'm really wondering if PULS management rejected the deal because it wasn't favorable to them personally.

    Different day, same story, the little investor gets screwed...

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    • It seems obvious to me and to most others except for those diehard believers in a turnaround story that rode the stock down. New management may believe they can revive this company but they are also pulling salaries while the stock goes mercilessly down. Maybe they want large bonuses for driving the stock down and being asked to leave like the past management. They will never reveal the full offer terms or how they didn't pursue any real negotiation since the directors and management would then be exposed as the buffoons that they are.

23.53-0.79(-3.25%)3:25 PMEDT