Longford Energy Inc V.LFD

Hedge funds dream come true

[kdcalgary74]

Crazy thought...with this massive volume, I could see hedge funds buying 0.23 shares for 0.15.  They can accumulate up to 9.9%, get a couple together and then force the board to liquidate the company and collect a 45% profit. If they get enough votes to change out the board, this is a possibility. Soros is already there at 10% and I have to think they would want to cash out rather then let these team start up another venture that is forced on shareholders rather than choosen.

thoughts?

[Aton]

Thats absolute a possible scenario,  and exactly the way I should act if I were a big shareholder. Easy money. No normal person want to get into an Africa project with the F&M gangsters.  

[hopeandaprayer]

anything is possible - that is one scenario i suggested a bit earlier today.

[cincoagain]

I agree. A few funds with major positions can influence the liquidation or special dividend amount.  They SHOULD be buying at $.14 to force a liquidation at $.23.  Thats a 65% return in 3 months, or a 250% annual return.  Funds should love those numbers.  If I had deeeeeeep pockets, thats what I would do.     Also, management shouldnt pitch the two separate corporate

[taxistealer]

This post has been removed in accordance with Community Policy

[cincoagain]

ah shucks, swiss cheese. thanks for the compliment. im kinda blushing right now.....Not.  Coming from you that means exactly nothing.  :)

[scluri]

It is a an excellent idead. best way to get our money back from these fly -by -night operaTORS. SCLURI