62.5 and the potential proceeds from the liquidation of assets.. What the proceeds of the assets are worth for the common well that's the big question.. With Oil trending higher this may be a decent buy somewhere under a $1.. I have the wash rule to contend with before I can repurchase..
Do the ports have a poison pill embedded here?.. Mkt Cap and assets are growing further apart.. Someone can step in and put an end to this bs..
Added more on FVE this am.. Still speculative but it seems worth the risk.. Mkt Cap 100 mil and they were offered what not too long ago?.. Seems like a classic market disconnect.. reminds me of buying GOV in the $12's a little nerve racking..
It's telling me it's a gamble and I added at $.40 cents to my lottery ticket.. I'm not alone has I have some big investors with the same ticket..
Another BO offer would do it but this time offer them half of what they offered last year; however, the Portnoy's has the fiduciary duty to the Portnoy's.. I'm still adding under $2..
TK is in the very early stages of a comeback.. It will take a few quarters but there's no reason for it to get $15.. Still a fraction off it's highs..
Ok let's not call it bashing.. Let's call it repetitive negative sentiment.. How many times do you have the need to repeat yourself?.. We get it the company is in BIG trouble..
Bashing a $.40 cent stock really?.. Get a job and give this board a little break!.. Who cares any longer It's a pure casino play at this moment we already know about management dropping the dropping ball big time.. if we want to risk it so be it..
So they paid $400+ mil for these drugs and now the mkt cap is $29mi.. Obviously execution failed big time.. Now it's just a matter if anyone is willing to take on these drugs with including debt.. Is the new CEO going to restructure the balance sheet by abusing the common or is going to help with a possible M&A? We'll soon find out..
Congrats for holding on.. I unloaded more yesterday which now was an obvious mistake.. Truly didn't need this latest saga regarding the Highlander as HERO put us through enough throughout this commodity crash.. GL Longs.. I'm still long a few crumbs..
"Why would you buy more shares in the absence of more information?"
If you believe the BOD is top notch it may be worth the risk while the fear is extreme.. If indeed if we get to the point that it was a minor blunder the PPS would spike too high for me to get back in.. I'm not betting the farm just a small speculative play here..