RE: RE: Timber Yes and No. Remember, the AQN offer was at a premium, I imagine at whatever the 1 year forward earnings would be, so at the time, maybe a 20-25% premium from $2.00.
The reality is, we're sitting here, sinking, not quite like how the titanic sunk, but overtime, there will be no more life rafters left, and someone is poised to manipulate this down further and setup another hostile takeover bid.
Don't get me wrong, I'm long in this, I truly do believe that WND will turn profitable and reward its shareholders, but I am definitely a bit sick in the stomach to see this company being traded at these levels, which I feel is undermining its true value and obviously, deterring investors looking for a reliable company to invest in.
Anyhow, do what you will.