RE:RE:RE:RE:I’m waiting I'll answer your question about why WRN is only a $2.35 stock with a simple observation:
If everyone knew that Amazon was going to be trading for well over $3,000 over the last few years, why didn't all these people load up when it was trading under $100 a share?
You see, there can easily be a HUGE disconnect between what a company will be worth and what those involved in the market perceive it to be worth. You don't know the exact dates or the exact dollar amounts involved in any pending RIO buyout. Since you don't know, you freak out, default to the "worst case scenario" and the incredulously are in shock that there are others, usually investors, who don't suffer from the same myopic point of view you have.
Any questions? OK, class dismissed......