GREY:OLEPF - Post by User
Post by
johnnycash&stockson Mar 10, 2012 5:06am
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Post# 19652789
interseting post from other board
interseting post from other board
lol, it's not just pain on this board: https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=ppy.a&t=LIST&m=30790437&l=0&pd=2&r=0
Eric Nuttall has been saying the very same thing that PPY.A is the best takeout candidate in the oil patch for sometime. My own question is when is this "sometime" going to come?
Personally I never buy a stock because it's going to be taken out. In real life they hardly ever happen. Even if they do happen few takeouts make the small retails like us rich. The insiders got rich OK because thier stock options become vested instantly. I had two stock taken out already and I'm still as poor as before. In fact the takeout prices were below the two stocks' all time highs (the takeout prices are not even close). If I timed the sales right I would have made more money than being taken out. LOL.
I do feel sorry for the many poster on these BBs that a get rick quick takeout is all they talk about. Bidding wars are the fantasy's fantasy. They happen once in a life time. The chances of that are close to those of winning a lottery.
In this game of investing fundamental still pays.