RE:I wonder if any of the impatient people here have looked at Dave4444 wrote:
the trading pattern of the Hathor shares prior to the buyout, I have and the results are interesting: After receiving great drill results in 2008, on January 16, 2009 the share price was $3.40. But even with more good results coming in, the share price drifted lower to $2.02 on June 17, 2009. And worse by Sept. 2, 2009 when it hit a low of $1.50. The price rallied a little to $1.86 by December 18, 2009 and then languished in that range with $1.89 on August 9, 2010, and $1.79 on October 6, 2010. A rally occurred in November 2010 taking the price to $3.12 on November 30, 2010, however the rally was short lived and the price dropped to $1.94 on March 24, 2011. From the March lows the stock seems to have rallied, perhaps on takeover rumors to hit $2.87 on August 17, 2011 just prior to the takeover offer. After the offer it hit $4.13 on September 2, 2011 and finished in November after the final offer at $4.70. So how many posters here would have have the faith and stamina to hold those Hathor shares for the final takeover. I would bet there was a lot of gripping and complaining on the Hathor board throughout the Fall of 2009 until October 2010 when the shares basically sat and went nowhere. Seems FCU's trading pattern is just not that unusual.
And? What makes you say FCU will be anything like Hathor?