Noranda Income Fund Unit NNDIF

RE:RE:RE:RE:more re. valuation

[Eric1212]

Regarding " 

• Someone is buying after the news and price jump; can anyone figure out who it is or the motivation?"

 

There is robot that are specialized in buying and selling stock when there is this kind of offers/news. I guarantee you that the minute the offer will be ended, the stock will drop due to theses robots selling their position.

 

For other parts of your question, i think you can find what you're asking browsing arround in this forum.
 

Paykel2 wrote: I am a small investor who has held the stock through thick and thin over the last several years and by no means an expert.

Here are a few thoughts that I hope someone more qualified could comment on:

• The Institutional investors that have some clout called the meeting to replace the board of independent directors that would happen after this deal goes through apparently.
• The institutional investors are fighting this deal at the current offering, and it makes sense to me that they will try to jack up the offering.
• Regardless of what anyone thinks about the TD analyst, his high range on the valuation of Noranda is slightly less than $2 per share. Even if Glencore agreed to up the anti, I doubt it would be higher than that.
• Someone is buying after the news and price jump; can anyone figure out who it is or the motivation?

Can small investors collectively make any difference here? Or are we all blowing hot air waiting for the outcome?