Western Wind Energy Corp V.WND

QUESTION..

[ching819]

When you guys have finished your Big Mac, I would be interested in hearing your theories on why and how the stock price so stubbornly gravitates to 2.45. I cannot understand why we cannot at least make our way in the 2.50's and 2.60's if EVERYONE agrees that the MINIMUM this is going to ve sold at is $3.00 !! Right ?  In just a few months ! Why the lingering doubt ? We are talking  at least 25% ! I would be buying more if I could. Duhhhhh.

 

Ching.

[bakken13]

There is no guarantee that the bids will be $3 or higher. What if the max bid is only $2.75? Or $2.50? Where there is risk, there is opportunity, but the risk remains. And it could be three to four months out, so considering the risk with the US election and the general world economy, there is time risk as well. Nothing can be taken for granted, even though the value seems to be there.

[Firefighter88]

Ching !! The longer it stay's at this price the more explosive it will become !! IMHO ! I believe in Jeff and I think he will get 400 million for WND ! I would like the price to stay at these levels for 3 more business days while I wait for more cash to be transferred into one of my accounts !!

[bakken13]

$400 million buyout, minus $220 million of debt, divided by 70 million FD shares? That's $2.57 per share. Yeah, great upside.

[Firefighter88]

Ok ! 2.57 a share ! If that  is what you think then why are you still here ? 14 million per quarter X 4 X 20 yrs ?? Debt is being paid off and there is extra left over per quarter !! You don't need a BA in economics to figure this one out !!  See you in jan !  One last thing !!!!! Your property tax's pay my salary not income tax smart guy !!!!!

[bakken13]

Hey Firefighter, I was just using your numbers. Geez, take a pill buddy.

[agrossfarm]

The current price is a function of the probable final price of a deal, reduced for the degree of uncertainty for that deal or any deal happening (like not being voted down by unrealistic shareholders expecting over $8 per share or following the recomendation of a Board that presents the highest offer but suggests to vote against it because they say the company is worth more). And that is all

[bakken13]

Excellent summary, agross. I do get the feeling that a lot of "investors" expected to cash out in the next month or so. Only the patient ever make money in the market.

[ching819]

Yes thanks Agross, well done. But no Bakken, no intention of cashing out in the near term. I have been with WND for almost 7 years so it would be foolish to bail now. In fact I am pleased to see the SP where it is right now, all in all. Just getting a little frustrated, that's all. So secretive a process.  

[Firefighter88]

I just did !! Two of these pink one's and a blue one ! The blue one say's VIAGGGRAAAA !! I THINK AM READY !! If the sale price is $ 3.25 then thats the price !! Jeff built this company and brought us to this point ! If it wasn't for him we would not be here fighting over the sale price !! At the proxy vote Jeff commented that 400 million could be reached with

[bakken13]

"Crunch your numbers all day long !! I am listening to the guy who built a company" ------------------------------------------------------------------------------------------------------------- I have done both, prefer to trust myself. If you don't want to do the necessary work, that's your choice.

[ching819]

Thank you all for your valuable input. I really do appreciate the feedback. But funny how noone has even hinted at the 'M' word. I guess I am way too much of a conspiracy person. 2.45 is it !! That's it, that's all. Oh yes, and btw we DID go to the moon :-)   Ching.

[Firefighter88]

Ok Buttercup !! We will all see in the end !! Peter and I will be in Vegas along with 4 colleague's of mine ! You should join us ! I will buy you a beer

[ching819]

Fireguy, just to be clear. I am saying that the stock is perpetually stuck @ 2.45. I didn't mean that that was the selling price. See you in Vegas.

[Firefighter88]

Sorry Ching !!! That wasn't directed to you !! That was for Buttercup bakken !