Post by
willpelly on Aug 22, 2013 11:23am
Riskier to hold on? Doubtful
For those who are questionning whether it is riskier to hold on, I can only add that I sure HOPE this doesn't go through and the s/p falls.
Anyone who's worried about that happening needs to give their head a shake. Any drop in s/p at the deal not going through would only represent the easiest and most obvious buying opportunity.
Man I hope that happens. In my opinion any drop below $1.16 (even if it lasts for a few months or so) would make it a great entry point due to our new valuation. Either Mitsubishi gives it another go, someone else does, or management goes it alone for a while, $1.16 represents my new valuation point for the company if the deal fails. I mean... didn't we get 2 fairness opinions? haha ;)
Cheers,
W.