OTCPK:TLSMF - Post by User
Post by
MustangMatton Jun 10, 2014 10:35am
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Post# 22645339
Maybe whisky is the answer to all lifes problems?
Maybe whisky is the answer to all lifes problems?
I was thinking over the weekend that Hal K is an experienced manager and that as CEO of Talisman his comments are likely made for a reason. My own 2 cent opinion is that management does not want to sell out the company right now because they are likely not going to be able to get more than $13 or $14 Canadian. Some may argue that mangement does not want to sell because they are feeding from the trough. I think Hal's comments are actually meant to keep hostiles away. Perhaps buy some time for TLM to improve a little before, either the company turns around or it is a stronger entity to sell and fetch a better price.
I am not overly convinced of this 1 day rally in the share price. My opinion is that some shorts may have taken advantage of a sub 10 low 11 share price to cover a little of the massive short position in TLM before they have to pay the divy. I hope I am wrong, at least for the time being Talisman pays out 2 and a half percent to help you wait. Cheers Matthew