RE: RE: RE: RE: All shareholders can UN-tender I am guessing you have no idea of the cash flow from the various projects and the high rate loans that have crippled WND. You are an arb and don't care about fundamentals. You play the percentages not the fundamentals. That is fine with me, but your interest is NOT the same as the investors in this company. Yes, some of the last few investors in existence actualy own shares of a business that finally is paying off debt instead of adding to it.
Yes, time is money. But you're only here for the fast buck and are in a hurry because that's how you have to be to be an arb. Just stop pretending you are giving people advice for THEIR best interest. All your advice maximizes your return, not necessarily that of investors with more patience than you. I am happy for you to tell us what is the best way to play the arb, but don't tell us about "value" because Brookfield is willing to make what they call a no-due diligence offer at 2.60.
And if you carefully read what I wrote, you know I did not tell people not to tender. I told them to withdraw their shares (bad for you I know) and decide whether to tender near the deadline. They lose nothing and it is worthwhile just in case something develops. Making Brookfield beg for shares a little longer, paying for more phone calls from their boiler room also can't be a bad thing.