RE:RE:RE:Analyst RecommendationI would never count on MRE - or any other company - being taken out by one of the big manufacturers. That's speculation, not investing. Besides, I very much doubt that would ever happen - the Big 5 have spent the last couple of decades outsourcing everything they can get their hands on to shave costs - why would they bring anything back in house? Except maybe air-bag charges?
Don't get me wrong - payday will occur if conditions stay as they are. It's just that I can't see payday happening this year, and now I'm wondering about next year. Meanwhile, the capital I've got tied up in this has missed out on some of the other possibilities I found in February - FSV, CWB, BYD.UN, AFN, SNC. The list was very long, and it appears I picked the wrong one.
Besides, there are other places for big gains. Is there anyone who didn't pick up Encana or Teck when they were trashed? Those are good businesses with cash flow and assets that were sold off to ridiculously low levels. Teck's paid for this year's summer holiday and then some, for which I thank very much all who could't wait it out or average down.