RE:RE:RE:RE:buyout price The chance of a company being bought out just after you buy shares is incredibly low. Deals are not that common and there are hundreds of companies. It's a ridiculous strategy and we all know he won't be here by Friday because the stock will either go down 3% triggering a sell or it will go up 1.5% triggering a sell for a profit of maybe $100 net of fees and taxes to help offset some other trades where he already lost.
1234bmth wrote: Well, in your first post you didn't mention one word about investing in BTE such as BTE management, BTE's performance if oil goes up or down, debt repayments in different oil price scenarios, all you were talking was buyout and buyout price. Again, the chance of BTE getting acquired is very low due to spreaded assets and higher production cost than its peers, yes, BTE can sell its Canadian assets and focus on US operations, at the end of the day it all depends on the oil price, if oil averages $75 or higher for couple of years BTE will do well and no need of being acquired, if oil averages below $70 things will be different.