Will not be tendering After careful thought, I've decided not to tender to Brookfield, despite the possibility of a short term tanking in the share price next week and beyond. While I understand why I just don't appreciate Brookfield's bully tactics, fear mongering, and double speak. I'd rather continue to go with Jeff, who has been much more forthcoming in communications with me than Brookfield.
I think the company will be sold by mid-2013. I think we will likely see a price slightly above Jeff's $3 bonus. I'm lowering my target price to the range of $3-$3.25. But that's still higher than Brookfield's current $2.60 bid.
More than anything I want to see Yabucoa close, that seems to be a key that will unlock the door to this staring contest, if I may mix my metaphors.
I'm going to the gym to burn off some energy. Watching this stock gyrate today has not been healthy.
El Joro