I would like to mention that there was some mention of default where some of the bond holders would try to make a deal (not because of money but tek default) and there is a good chance of buying debt on the market cheap... two good options... not sure what bam is doing with this but the options are not free by any means.
I could be ok with a share merger into altera but I like it this way just as well.... I would be unsatisfied with a cash merger or with many of the other companies out there.. Most likely the next move is up with a catalyst on the upside announced.
I have around 4000 shares that I bought when everyone panicked when their catalyst went away... I don't realy have a target price or the resources that you have but before I bought this one I traded ora for several years and I will tell you buy when others start to dislike it (unless something permanent is wrong). I have to admit that I lost some money on ram power though. my price is 45 cents (going from memory it went from a dollar to less than 50 cents). You have a lot of incremental stuff and signs of good management but you need to see a major project for the price to take off. From the tone of your article you feel it is a tug of war between the short and the long stock holders but if longs sell there is a good chance that I am the buyer. I haven't looked at it lately but altera may be another stock you find interesting as well as rampf (now Polaris)
kkr is a trust not a ric.... From a contrarian standpoint you have to like that sales pitch... It may be the wrong part of the buisness cycle but I have taken alot of the cash out of my position over time.... In other countries (britten) I can buy the buyout funds directly (gpe I think) so some of the assets could be managed from other countries if the rules changed... I just purchased at 75 pence on the pound in a weak currency and I could be intrested in some kkr at this point..