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Bullboard - Stock Discussion Forum Lakeside Steel Inc V.LS

TSXV:LS - Post Discussion

Lakeside Steel Inc > Buy 40c value for 27c!
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Post by MartinG on Dec 28, 2011 2:16pm

Buy 40c value for 27c!

That is not a bad deal, deal will go through and it is likely that we will hear from more potential buyers in the near future. I think we will see a bid war here and a price around 50c, todays sp is not reflecting the value and will appreciate as we near january 9th
Comment by Shiningstarr on Dec 28, 2011 2:22pm
never assume anything in the snakemarket until the papers are signed and the money is in your account.
Comment by wheelsonthebuss on Dec 29, 2011 9:37am
soon down to 10 cents - a letter of intent is just that a "letter of intent" - if you got in at 10 cent - nice little profit and good for U !<)) 
Comment by Shiningstarr on Dec 29, 2011 10:07am
maybe, maybe up to .40 too so you get your short jammed up your shorts.
Comment by Shiningstarr on Dec 29, 2011 10:25am
looks like someone jusy bought 50,000 shares...getting closer to payday.
Comment by longnose2 on Dec 29, 2011 8:22pm
Seems real but why no firm offer. Could it be just a way to have their institutional investors to look good at years end ? Why make an an uncommitted offer when the stock is at 8 cents and not be able to put some concrete behind it ? Shorts have 2 weeks to report, so you wont know if their is a sinker coming your way.  
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