TSXV:VER.H - Post by User
Post by
bynotecpon Jul 14, 2012 10:54am
334 Views
Post# 20113450
The Best Strategy
The Best Strategy 48.00 does seem crazy ......... however, it happens all the time........... I say go for it!!!!!!!! Why not.........worst case senario : stock goes to 1.75 then back down to 1.25 then up to around 2.50......... at the current price, the down side risk is very limited . Im not smart enough to predict secondary market value........ And I kinda think limit orders wont matter, Braun is gonna sell company at some price and we all will get same price, I wouldnt place limit order, and wait for sell-off to buy shares back, it sounds like a good atrategy but its tricky, especially with a stock like this. I would just wait for buy-out bid. Patience may really payoff!