OTCPK:STOSF - Post by User
Comment by
larsen6on Dec 10, 2012 3:49pm
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Post# 20709223
RE: RE: John Stephenson
RE: RE: John Stephenson Commenting on why the TMX did not suspend trading in Spartan today, I cannot agree more, it should have been suspended. There will be arms reach players in there either selling/buying today based on insider information.
I have taken a chance and bought some today in the $4.70's. In view of the likelihood for a better offer, it is probably breakeven in comparison to a $5.25 - $5.75 offer composed of both cash and stock. But I have always been a bit of a gambler. Let's see what transpires.
Watch for the buyer to possibly issue an equity offering following the close today.
L6