RE:RE:Breakout Imminent ...Many people scream for a buyout waaaay too early, like it's a great thing. I've been through enough buyouts to know that the retail investor will definately loose a ton of $$ if the asset doesn't get a chance to mature first.....
Take AMK for example..... If someone were to come in and offer a buyout right this minute, the offer woud average out around where it is currently trading at (usually less). Who really wants that? AMK is heading north of a buck in a few months if the current state of the sector continues.....
And, if a company takes a offer too soon, they just want to line their pockets and could care less about the investors who supported their venture along the way. Many of whom could be bag holders.
V
Stockmoves1 wrote: This breakout is more to do with GOLD being back in favor and making new highs. TUD was totally undervalued and just getting a little luv. Until we see $3 let's not even think of a partner coming in. We have the funding to drill up the CS600 and give this stock a deserved lift in a hot gold environment. Do not fool yourself what will happen if Gold takes on $2300 plus. This could easily run up to 8$ in a rally and the market is long overdue. The past 2years has been a tough go for many and what better place to park your dollars in a market driven by Fear with Gold being the preffered choice. Good things are a coming. If we do a joint venture let's hope it happens closer to 3$ than where we are today. Far less dilution.