Re: Trick nor treat
More risk now than then but folks only see the potential reward. I don't think its better now than it was 6 months ago. I think Mike now has to take what he can get. If its a buyout, it won't be above .15 IMO and if its a partnership, then folks have waited her for years to maybe sell for a dime or hold for 2 more years and pray. I just don't see a huge upside anymore and I don't heavily gamble in stocks that have a very real chance of going belly up. When I say very real, I mean 10-20%. I'm not talking about any type of likelihood but we have more than a quarter a share in debt that comes due in 15 months.
I've stated here in the past if certain dates were not met then I would be selling. I sold down to a small position a couple months back and have been honest to anyone who has asked. I don't believe in having significant money in stocks where I don't believe in management. I'm well past that point here. How long has it been since Mike's "tipping point" statement? Plenty of good stocks out there and market near all time highs. JMHO as always and I hope this hits big but folks should realize the significant risk here and time passing isn't necessarily a good thing. We simply don't know.