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JITE TECHNOLOGIES INC V.JTI



TSXV:JTI - Post by User

Comment by hawkowl1on Apr 04, 2012 10:32am
233 Views
Post# 19757722

RE: RE: RE: RE: Not selling yet...

RE: RE: RE: RE: Not selling yet...

For the record I did eventually sell my entire position.

The risk is the deal does not get done and MCV choses not to present a higher bid.

If they decide to increase their bid(unlikely) I lose an opportunity to add to my profits.

Any shares tendered will be going back.

Stock price can then collapse.

If deal is done I lost an opportunity to make an additional penny per share.

A bird in the hand is worth 2 in the bush

 

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