Post by
xsnrg on Oct 06, 2015 8:54am
7 weeks today since LOI
August 18th was 7 weeks ago today. Still waiting for our deal but it's amazing how under the radar this stock is. Management has provided ample time for investors to hop on board but even yesterday I was able to scoop up a bunch of shares at 16 cents.
This tells me we need promotion and advertising. I also hope that management tells us the deal is approved and then does a quick follow-up NR to tell us their plans with the cash. Maybe 2 or 3 big NR's in a row to really get this thing simmering going into the shareholder vote. What shareholder is going to vote no with the shareprice sitting at 25+ cents? Not me!
My gut tells me we are all going to be very happy soon and lots of people will be scratching their heads wondering what the heck they were thinking by not jumping in. It's not like the COS acquisition yesterday which came out of nowhere we have all knowned about the SICPA deal for 7 weeks!
Comment by
thedon on Oct 06, 2015 9:09am
Today is also the final Jewish religious holiday of the current cycle, with the next ones around the end of the year. The excuse given for the delay in the deal will soon be history. So investors would be correct to expect action very soon, unless there are other reasons we don't know about...
Comment by
Koast2coast on Oct 06, 2015 9:18am
Ah yes , but Canadian Thanksgiving is just days away . Lol