Re: #1 insider buying value $279,440 and #1 shares 226,000
in response to
by
posted on
Mar 26, 2014 10:12AM
Catching up on last nights msgs and thought i would chime in.
With full respect to the possible scenerio suggested, i don;t see this as a cocnern.
There this no apparent reason for Sheldon to sell at $3 or a lower price when he knows he could get more in a buyout. The company asking for those shares would need to compensate him for the conceptual difference to what the buyout would have estimated to have been and what they offer him. The cost to the acquiring company would be the same in these instances (in both scenerios), which would simply suggest the acquring company would just buy the shares in the open market/buyout.
When in doubt : the answer "will follow the money".
Sheldon obviously sees this as a winner and looking for a homerun.
Lets hope for a good day....