Post by
doggonemad on Jan 17, 2014 9:46am
You Guys Don't Get It!
When i see a lot of these posts, I laugh. You people don't get it. Walter doesn't care what the share price is. Walter came in this time last year to clean up the balance sheet and sell the company. The buyer is already in line. The corporate re-structuring and the re-financing will be complete by the end of this month. Company will be sold in late Feb or early March. Selling price will be beteen 0.80 and 1.00 (NAV plus a premium). So those who bought at 1.50 will be mad as hell, and those who bought at 0.07 will be jumping up for joy.
Comment by
khaledb on Jan 17, 2014 10:08am
You are funny @doggonemad ... Probably you bought a lot TID shares lately at 0.065and you wanna push the SP up and sell at .09 or .10 cents and make a good profit ....) nice and good strategy. Good luck .
Comment by
khaledb on Jan 17, 2014 2:33pm
Few days ago you were asking why BRUCE MOYES has sold his shares and now you are almost sure that TID will be sold in 1 or 2 months ..ok it's just your opinion. Ok as an ex investment banker can you explain me if i'm a buyer why should i pay .80 cents or 1 dollar if i could go through the market and pay the actual SP .07 or .08 cents ? Thanks
Comment by
RHertig on Jan 17, 2014 2:34pm
I agree. Just wondering I would think if Walter were to sell before the case with HRT were settled it would be in the $.65 range due to PB value and similar sales. Are you hopeing we get over a dollar or am I putting the wrong value here.
Comment by
Fullblast on Jan 17, 2014 3:13pm
Doggonemad, you're saying GTE will buy TID ...
Comment by
doggonemad on Jan 17, 2014 3:19pm
I didn't get it until they announced the re-structing in November. Then it all came together. Remember Jeff and Walter co-founded Saxon Energy. He is not going to let his friend down. Specially when buying TIDs assets makes sense for GTE (they pride themselves on bing a very vertically integrated company).
Comment by
Fullblast on Jan 17, 2014 3:24pm
Doggonemad, I must admit your conclusions are interesting. We can also add that Walter may want to go for a well deserved retirement.
Comment by
michelleb33 on Jan 17, 2014 3:56pm
ooks like my bid at 6.5 to average down wont get hit. Oh well. Big scare the other day
Comment by
doggonemad on Jan 17, 2014 6:27pm
I am not 100% sure, but all the stars are aligned in this direction. I could be wrong. I have been wrong many times in my life. But I have also been right a few times. Too me this would be good for both companies and Walter could go and play golf without feeling that he ever created a failure.
Comment by
doggonemad on Jan 18, 2014 12:32pm
Funny! I thought I would get a bigger reaction from the board. It seems that I struck a note. Everybody has quieted down. It seems like the board is saying....."hmmm, this guy may have a point..." Come on people, let me know what you think. It would be a great deal for GTE.
Comment by
pennywyse2 on Jan 18, 2014 1:11pm
If something sounds too good to be true, then it probably isn't.
Comment by
doggonemad on Jan 18, 2014 4:49pm
this is only if you bought the stock at the levels we have seen over the last year. if you bought the stock at levels over 1.00 then you are SOL. Remember a lot of the insiders bought the stock at high levels.