RE:RE:RE:RE:RE:RE:RE:RE:Valuation - VFF Raymond John,
Aren't you surprised at how many people on this board still want to own the common over the debentures?
Small investors have a chance to be in a better position than MM by not owning any common and being protected by having MM with them as the majority debenture holder while getting paid to wait.
I don't know what the future holds for Supreme but when the market offers more upside in a safer and more liquid (bid/ask spread is tighter) security with current income, I'll take it every time.
johnale wrote: Ya to me and this is just my opinion - you don't hold a stock down to dump your position.
it's definitely an accumulation tactic.
beena was inserted to run the company and turn it around - and she has. make it investable - and/or saleable.
(she even says m and a is an option in her article)
MM holds all the cards on a takeover - and whatever other cronies they have accumulating here at .15.
after q2 and another solid quarter of growth will justify "xx" takeover price and we (and beena and team) will be at the mercy of our largest shareholder (holders).
then they get their liquidity.
if possible - you get your average price down to .41 with Mm - and at least your in the same boat.