Seems to me the volume is just too low on both sides to suggest anything hot going on between the two companies. If the talks were that strong, the rumors on the street would be driving more volume, especially on the takeout target (unless of course the word had also gotten out that it will be a takeunder, in which case there would be more selling pressure on LOCM).
"Local Corporation (LOCM) now powers search for US Cellular (USM) and TracFone (AMX)..."
Yeah, they power search with a AAA battery...
Sorry stannguru, but Blackrock Institutional Trust and Vanguard already own pieces of INUV. Not sure where Blackrock has it, but Vanguard's holdings most likely are in their index funds that have to own it, like it or not.
None that I can see. Why pay for something that comes free from the tap? LOCM's product is inferior, its management incompetent, its balance sheet a disaster. The market is working well as it is, why mess with it?
Who's angry? Get your mind out of the toilet. Or do you need help with that, too?
Of course, given that INUV only recently escaped big problems of its own, you wonder why they would even take the telephone call that would offer them Loco Corpse and its problems.
That seems to be the rumor over on the INUV board as well, although the shareholders pushing for this are not named. Would not be surprised if the other two big holders happen to be the ones that just bailed the company out of its debt crisis. They win, everybody else loses.
Try and imagine this, 'Liver: I am holding a closed fist, in your direction but certainly not in a threatening manner. I extend the pinky finger.
The message is this: You are not worth the full measure.
Not in LOCM's price primarily because the guys that will get paid are the ones that just refinanced LOCM's debt at punitive terms for the shareholders.
And as I mentioned earlier, I also receive generous dividends out of my portfolio that has outperformed the broader market most of the past fifteen years and usually throws off enough in the way of gains to allow me to play whatever and wherever I want.
Those ratings have been on the board for months and months, if not years. The analysts should be fired.
Once again, JoelsLiver, I get a pension from a past employer (not the govt) and a check from a self-purchased annuity on the first of the month. I suspect this is the same day that you are getting your own government-provided income. I get a SS check at mid-month: I paid for this and even with my employers' contributions the return does not stack up to what I could otherwise get had I been allowed to use MY MONEY to buy an annuity and disability insurance package on my own, thanks to senators and congressmen that looted the SS fund, in part to support drones such as yourself. You tell me what it feels like to be corpulent -- my weight is quite normal for my height and my doctor tells me annually that I am ten years younger than my age. As to question #3, I suspect you are more familiar with Spencer's grandmother's talents than I.
Now, 'Liver, other than the fact that you are uneducated and lacking in talent and creativity, devoid of life skills and socially inept, just what is it that is your problem?
But you forgot to tell us about the zero growth...
"After the change of the convertible bonds in dhares is Local Corp near without debts."
Well, that is true, but there are issues related to this that you must also consider. First, the dilution will leave the current shareholders with a lot less than they already have, as if what they have now amounts to anything. Then you must ask yourself, why would the debt holders convert? They will convert if they can convert what they have into the cash they have invested in this pig. That would put an enormous amount of stock on the market and could depress the price for a very long time. As it is, the debt holders will be receiving interest payments in shares, at ever-low conversion prices and you can be assured those shares will be diumped on the market immediately.
You are a fool.
Loco Corpse will also reach again in Q2:
Deeper working capital deficit
Negative cash flow
Lower stock price (Whoop! Already achieved)
More excuses for past lousy performance
More "We believe...for happier futures"