I'd like to take my capital loss in 2013, please. This has been dead money for me for 30+ months. I'm still hopeful for an exit at $20+....but this is taking too long and news about the future of the company is hard to come by these days. Anyone have predictions for how and when this is going to end?
They have a lot of cash and someone wants it;
Patience makes money-the minute you sell to get that capital loss they will announce a buyout or Recap and you'll miss the Train.
I'm optimistic that their balance sheet will sell-but you don't want a "Fire Sale"-you want Value for the balance sheet. That's why they got an Advisor-the Advisor wants a good sale.
Wall Street will try to steal it!!!