Comment by
bluestar on Aug 05, 2011 11:08am
i agree,ole is a steal now as the buyout talks are on. i think the deal gets done by september and ole is gone at $3.00 - $4.00. it will happen fast as you say.
Comment by
newfie36 on Aug 05, 2011 2:26pm
How do we know for sure if they buyout talks are on?
Comment by
johnnycash&stocks on Aug 05, 2011 3:35pm
because it's on stockhouse bullboards :-p
Comment by
Goldfather on Aug 05, 2011 3:44pm
we are jsut assuming .... no one knows for sure....since its been a month since the agm, hearing that Majors are getting thefir Bids together, gathering Ole CA confidential info etc..... and " progressing ahead" to Presentation of an Offer/Bid to Take Over Ole ( finally)... and just assuming mid/later August they will have a Bid or Two to review.
Comment by
arlene2 on Aug 05, 2011 5:03pm
newfie36----continue to beware the soothsayers...
Comment by
newfie36 on Aug 06, 2011 6:57am
Would be nice to have a buyout before xmas but in the end I am long on OLE. They have the gold and I have the patience. I smell a early retirement coming. GLTA.
Comment by
adit123 on Aug 06, 2011 8:36pm
continue to beware the soothsayers...Amen (but I hope they are correct)
Comment by
arlene2 on Aug 07, 2011 8:00am
Adit123---That's exactly why so many actually do believe these soothsayers/charlatans......They just say things that the unsuspecting really want to hear...and they often have "reliable sources" for their "info"....(un named , of course)...