RE: Takeover ProspectsIn my honest opinion (I only have one kind btw) I think that is their full expectation....possibly even intention??? that they will be taken over eventually. I don't know about the latter as they would never discuss that except for when the office doors are closed or a martinin in hand.
Predictably we have the weak hands bailing and spm entering bargain territory as profit taking and fear take over. If this was Microsoft in 1983, we'd have those same folks bailing, to use that Dines analogy. Who knows how low it will go but the lower it goes the better the buy, it's as simple as that!