alan, you just presented a very good argument as to why the price is depressed and why it is a good time to buy the company on the cheap. Your reasons for not wanting a buyout is precisely their reasons for wanting a buyout.
Over $1.00 per share projected EPS for next year. No reason to sell. I am holding my core position for next year and just do a little profit taking for now.
LOL. DMNF is an apt name. Were you around when it traded like a yo-yo going between $1.30s and $1.80s or between $1.80 and $2.20?
montecker, did you ever check any of the stocks from the list I had posted for next year? Specifically ZX. They did get a buyout offer and the price collapsed as in PME and I have been accumulating it below $2.16. I also bought CCCL real cheap today at $2.15. Both of these stocks were on the list. I am still researching them.
Nice to see you back montecker. Are you still holding PME? The deadline for the buyout offer to become effective has expired and it is now a done deal.
exxitstrategy. there are dozens of buyout and even more capital infusion cases which I have called correctly in advance, sometimes well in advance as is the case here. And there are some about which I was totally wrong and a different factor other than what I had expected was in play. I don't think giving you several examples will serve any purpose as your objective is not really to test my credibility but to cast doubt on it. But that is fine with me as my posts are not for the purpose of influencing others and if you think I am a fake or a pumper that is just fine with me. Think what you like. But one thing is certain: I have and continue to profit from trading GURE. What about you?
Management seldom announces in advance the buying or selling of the company. Yes it is speculation but not a baseless one and a very strong possibility and a very logical and tempting one if you were in their place. I think if it happens it will be within next 30 to 60 days.