RE:SIB. well that's garbage. momoney141 wrote: I will be holding my 60K shares with Mittlemen, and I suspect Laughing water and Breach capital.
I have to agree with you... Unimpressed here... Liquidation value of 7$ and they don't want to pay out of the 3.8$ to 4.5$ range?? Is that a joke?
Well, looks like shares should stay around 4$ till the end of May. I doubt there will be much individuals looking to sell under 4.2$-4.5$... The ones that would sell for 3.8$ would just sell to the open market anyways.
Ultimately, it just seems like Mittleman is playing games with the market and not being 100% honest with the direction it will take AIM... Investment vehicule? No body wants that... We all want the liquidation and I'm thinking even him wants it... But he'll try to go fetch the maximum value while keeping his plans "obscure".