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Message: Example of a company without a shareholder protection program.

Example of a company without a shareholder protection program.

posted on Dec 02, 2008 06:31AM

I copied this from the Grandich blogs which was asked by an investor there. It exemplifies how to avoid hostile takeovers and what value exists in a Shareholder protection program.

So, Mag Silver,,,mag…caught a hostile bid in the last couple days….barely above there beaten down price. For a company with cash and lots pf resource it seems odd that such a low bid would come in. Is this what we have to look forward to if we buy a beaten down junior….barely getting our money out. i’m not in this play but was watching and dissapointed to see this happen. It just doesn’t make me want to move money off the sidelines if this is going to happen….force sells and all. In mags case i doubt the offer will be accepted….

Orgy

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