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Kure Technologies Inc V.KUR.H

Alternate Symbol(s):  UBSBF

Kure Technologies, Inc. is a Canada-based company. The Company has no business activity. The Company's subsidiary is UBS Wireless Services Inc.


TSXV:KUR.H - Post by User

Bullboard Posts
Post by Crotchon Jan 23, 2009 9:00am
416 Views
Post# 15723191

Today?

Today?Any predictions for today? I'd be interested in hearing some thoughts on what we might see...

I think any predictions of a run-up or a pop will be subdued, given what we've actaully seen this past week. Despite assumptions of the stock hitting 60 cents, or even $1+, I personally think it's pretty clear that the only chance this thing has is a positive outcome, post-Feb 16th.

The optimisim is encouraging, but the reality should be viewed with a little more trepidation than it has been, given the light trading.

There is still next to no volume on either LOK or UBS.

I'll ask again - is anyone concerned about this?

I for one, am.

I don't think it has anything to do with the stock being "tightly held" or that there is "little float." The asks on LOK are 50 cents - yesterday I saw 60K @ 50c. If you're willing to tell me that the value of Look's assets should garner a post-process share price of $1.50 to as high as $20, then I would love to hear why no one is willing to pay more than 50 cents a share for it now. It's certainly possible to get a good position on this - maybe not a multi-million share position, but enough that if the "dreams come true" you could walk away with enough to put a down payment on a 2010 Ford Fiesta.

Is it because a deal isn't a certainty?

Is it because the interested parties aren't so interested?

Is it Look/UBS management?

Are we expecting too much so soon into the bidding process?

Is InDaMoney responsbile for an artificially low share price? (Doc, please take note - this is sarcasm)

Is there too much resistance @ 50 (for LOK)?
Bullboard Posts