RE: A Rare Opportunity Shorts, Speculators, Day Traders, Swing Traders, and Weakhands are running the show for now, but everyday more and more shares will be bought up by long terms holders and as the float becomes accumalated the price will just keep going up. Once the Institutional Investors begin loading up the chance at getting in at the bargain price will be gone and given the statement made in the article below it probably will not be long before they do start buying in.
“We’ve been out on the road and I’ve met with about 50 institutions over the last two weeks and we’ve done a number of retail presentations and I’ve taken a lot of calls and, by and large, the people we’ve talked to have been supportive of the transaction ....
“In our view, we’ve done all of our homework.” --- Tom Buchanan
Read more: https://www.calgaryherald.com/business/Proxy+fight+launched+Pace+Charger+AvenEx+deal/7894709/story.html#ixzz2OlxkBLN4