That is reassuring. I put on a big position Friday and really didn't expect to see negative news. What do you think of BPI possibly being bought by a antoher in order get the acquirers ratios under gov't guidelines?
I think it's a very unlikely scenario at this stage.
First, there is still some uncertainty about what the hill will do, and that uncertainty should be resolved within the next two months or so, so a buyout in the very short term is unlikely.
Second, the suggested government guidelines, if they are voted (which is far from certain given some Democrats' opposition and the outlook of mid-term elections) apply to each program individually. So, if you own "program A" which happens to be below guideline, the fact that you also own "program B" which is above doesn't change much. "A" would still be in trouble.
Current under-valuation and organic growth is more likely to drive price up than a potential buyout. Actually, to be honest, at these prices, I hope it will stay on the market for at least one more year...