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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Post by agrossfarmon Jan 22, 2013 10:52am
242 Views
Post# 20871763

I just added to my position

I just added to my position

and I expect to get at least $3 when the process is over.

I tell you this because I hope that I have some credibility here, unlike some of the manipulative posters who change there tune whenever it suits themselves, in an attempt to manipulate those who are unsure or who haven't had enough experience to be confident.

 

While it is true that every person has different tolerance for risk, there are obviously good reasons for Brookfield to want to own WND and good reasons for those other 7 companies doing due diligence to want to own WND, plus we have 3 starting due diligence that may want to make a bid.

 

Brookfield may see it will not get enough shares to control the company and be left with Jeff in charge of their new asset, and therefore up their price.

Or another bidder could make a pre-emptive bid at any time.

I can wait and while I wait I will likely buy more if the Market is providing bargains.

Because I have been active in M&A abritrage over the years, I have seem cases where prices of the stock, subject to a buyout bid, plunge just days before the deal closes.

Too many longtime shareholders were freaked by the plunge and they sold (to the joy of the buyers) when the price zoomed right back up and the deal closed. If you can check old deals, check Roche's buy of IGEN and CA's buy of PLAT, both in the US, where the price plunge gave investors a 50%-off Sale and those who panicked have been kicking themselves ever since.

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