GREY:PTQMF - Post by User
Post by
g4matton Jan 20, 2013 8:04pm
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Post# 20863987
51%
51% I bought in at .35 and sold at .62 a month or two ago...sold because Inmet had declared their position as minority shareholders and then saw volume go sky high and price go up lightly; in relative terms. I got nervous because it seemed self evident that Inmet was increasing their postion - thats what a company does after declaring intention to takeover another...right? So I got nervous and sold...thinking Inmet "could" be getting to the 51% threshold...regardless of appreciating the potential value of this company. Watching it...as I do any stock I was not wanting to sell...yet...
Anyone else worried that Inmet is nearing the 51% mark?