Post by
R_J_ on Nov 06, 2017 5:33pm
End Game
I always consider these Bullboards a stockholders mutual support and cheering section.
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Heaven knows, we needed it - the path can be lonely and scary.
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When I sell a stock, I simply disappear without a word.
IMHO, it would be bad manors to bring this disparagement to the Bullboard.
In my case, you would simply no longer see the EOM report.
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My first impression of the ‘takeover’ was a euphoric “Oh boy, its over”.
“Now I am free to find the next speculation, hopefully something with more ‘action’ in it.”
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It seemed like we were stuck in a ‘$5?’ trading range forever.
In fact, I started the EOM report in an attempt to see if we were actually going anywhere.
If you are slowly going up, you often don’t see it.
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Unlike most, I specialize in junior resource stocks, usually gold.
I don’t have an objective sell price.
The objective is to be taken over - this saves me some thinking.
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Here, we have reached our objective - End game - We have stuck it out until the end.
We are heros.
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Celebrate, have a cigar, have a beer, watch the sunset with a smile and satisfaction.
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However I want to emphasize that this is still the Alterra Power Corp. Bullboard.
It is not yet the Innergex Renewable Energy Bullboard.
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It is the end of the road for our Alterra Power Corp. Bullboard.
Our objectives have been met. The game is over. We are heros.
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My objective with this post is to elaborate that the rules have changed.
This is no longer a ‘cheerleading’ Bullboard, but a disbursement of shareholders Bullboard.
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Feel free to discuss your opinions, we are under no obligation to be pro-Innergex here.
The old manners no longer apply.
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I think that I just learned a new vocabulary word: ‘Tendering’.
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Quote:
What is Marin [Katusa] going to do?
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I plan on tendering my shares.
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Tendering my shares means I will exchange all my shares of Alterra Power for Innergex shares (I do not want cash, as I would have to pay tax on the cash, and believe Innergex will go higher).
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Innergex is a sound company and this is how one builds significant wealth and passive cash flow in a solid company with long life assets.
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End Quote.
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“Tendering our shares.”
Is this the correct expression?
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So, RJ plans to 'follow the leader' and tender his shares also.
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RJ
Comment by
RDK241t on Nov 06, 2017 5:50pm
What is the process for switching all shares to Innergex? Is the changeover to Innergex considered a sell and a buy? If so, is a capital gains triggered on the sale of Alterra shares? Thanks.
Comment by
4PCneanderthal on Nov 06, 2017 5:58pm
Without malice, don't know, don't care, my shares are in a tax free ROTH IRA acount.