Longford Energy Inc V.LFD

my guess

[cincoagain]

my guess is that Salida goes right for a forced liquidation.  since management is cashing out with there big severences and soros has liquidated 80% of his position, and the bulk of the stock has traded at these lower prices ($.07 - $.17 per share), much of the public float has turned over in the past six months. likely the percentage of stock held by older stockholders with much higher basis' is now as small as it has ever been.  salidas basis is likely about $.14 per share ( a guess ).  therefore a forced liquidation for $.21 per share would benefit them and EVERY buyer of lfd stock over the past six months.  so, you would think it would have strong support. for salida, a $.21 liquidation would equate to about a 50% gain in about six months time. or 100% on an annualized basis.  that would look pretty good to salida shareholders.  so, i think (and hope) that  is what they will push for.  glta

[cincoagain]

just went back and checked the lfd charts.  turns out that the entire stock float has turned over in the past ninety days  AND the stock has never traded above $.20 since june of 2011.  so, everyone who bought stock since june of 2012, would make money on a forced liquidation.  who would really be opposed to a liquidtion at this point? probably, not many people left with a high