not at all, the stock goes down a few pennies aday, smart money is wrong at times, your concept that just because ichan and klaman bought this higher that they are going to get a higher price, the market says no.
yes, there are companies that get taken over for less than where so called smart money buys, just look at apkt, traded as high as 83 to 87, orcle buys them for 29 dollars, so it happens all the time
clear word intent, dont you think if this was worth a big premium the stock would be trading higher? no it goes down everyday, not bashing just stating facts
20 dollars? The stock goes down 4 to 5 cents aday, this thing will never see double digits, maybe 6 bucks, but thats a big but. The charts dont lie, facts are facts
lets say all the smart guys bought at 9, they get there 2 dollar div, cost bases is 7, the stock is trading at 4.70, guys even smart money loses sometimes, facts are facts
i dont care if jesus christ owns this, it goes down a few pennies aday, and the facts back me up, i am just speaking the truth, you can call me anything you want, but the facts are the facts
i think the smart money is not to smart this time. All it does is go down a few pennies a day, the facts back me up, so I think the smart play is to go short, if i am wrong and it getts taken out the most it could be is 5.50, so I am going to roll the dice and see what happens.
and all the stock does is sit here or go down most days, what does that tell you
The market seems to think that if there is takeover there will be very little premium in the deal, I wish I knew why?
did he actually pay money for the shares, or were they given to him thru vested options for free/
the market seems to think that it is not worth more than 5 right now, ichan is not always right, but klarman is really good, we did get the 2 dollar div and also the nektor spin off, i am thinking we might get 6 or 7, but i do believe that this will get taken out, since that is all the company is doing, it could be tomorrow or sic months from now, just my opinion
The company has been very mum, its been awhile since anything has been said