Buyout, Stock Exchanges and Selling While companies get bought out all the time it's highly unlikely this is happening to CBDT unless the sp is north of $4.00. As Gal posted (thanks for the reminder) Steve is already talking NASDAQ. While there are exceptions it appears that exchange has expectations in place that include a $4.00 USD sp requirement. I'm pretty sure Steve knows this so the fact that HE sees shares in his company at the level is good enough for me.
UNLESS you are desperate for the money grab your Principal and a little profit if you must .....but everyone should be HOLDing long on Empower. Look at the Bids and Asks this morning ....clearly there are many who do not want to miss this.
Morningstar's Fair Value sp after market close yesterday is $1.59. Their 1-star spe ulstive valuation has jumped to $9.75. The resistance levels today are at $1.31, $1.36 and $1.44 ....it looks like the first and possibly the second level might be breached at opening. It's currently at $1.33 on the Frankfurt Exchange.
CBDT is going in only one direction!
GLTA!!!