you have no idea what you're talking about.
the shares are going to $2.50 by Feb 1.
let's see what the big seller thinks at that time having unloaded at $1.90.
So I'm scaling in once again. At about 3:59 I see the bid/ask is something like 4 @ $3.74 x 1 @ $3.76. I place a buy for 1000 shares with a limit of $3.76 and I get the entire fill for $3.74. I'm not complaining, but it doesn't make sense - does it?
The first letter was sent a few days before the acquisition was announced, the very day Climaco resigned from PDII. It is quite obvious that DRAD was well aware that PDII had an acquisition very near at hand, and again, as I've said a few times now, DRAD would have wanted PDII with the cash pot and no debt...the first letter made that quite clear.
Knowing the acquisition was pending, DRAD was looking to minimally delay the closing so it could make an offer for PDII without the acquisition and debt it brought.
It's not that difficult to see.
You are one funny person.
Are you aware that Joe Biden is an admitted plagiarist, and yet he's the Vice President?
The past is the past, and Wall St. especially has an extremely short-term memory. These petty things you bring up from years past are nonsense. It's actually nothing more than the cost of doing business fr companies in this sector. The big firms are fined billions of dollars a year and as incredible as it is, they continue with business as usual.
You make it very clear that you've been burned in the past, likely making a bad investment (though you've claimed you haven't) and apparently you have great difficulty dealing with it.
The shares are going higher over the next 12 months - regardless of the garbage you continue to post.
by some posts on the board, Eberwein may be totally out - maybe he realized that it is a messed up company/management...or like me - that you shouldn't play with foreign companies as they can hurt you badly and there's not much you can do. anyhow, as I usually say - be careful with it.
You may remember this Eberwein play - shares fell apart on Friday when they announced a secondary share offering at $1.60/share (15% where they were trading prior day and 30% below where they were previous week) - so obviously that's where the shares have fallen to.
I have always refused to invest in foreign companies because I do not like the fact that they generally skirt SEC regulations and in general don't follow GAAP financial reporting standards and that I have a general mistrust for them. I also didn't like the financials (however much you can trust them) previously, nor do I like them now.
Maybe you might like it - shares have not traded this low in the past year. Dilution as a result will be about 20%. I'm not sure what Eberwein's current position is.
You don't know what DRAD thought it was worth.
Tax loss selling is going to hit between now and year end. A lot of people jammed in here at prices $2 and much higher throughout the year.