SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Low Price/Cash Ratio Value Stocks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy who wrote (360)3/7/2000 6:39:00 AM
From: Q.  Read Replies (2) of 1931
 
I see nothing fishy. The insiders were already tendering all their shares. That hasn't changed.

What has changed is that you can now get in line in front of them by tendering at a lower price. Previously the only way of doing that was to tender an odd-lot.

The extension of the deadline appears to give everyone the opportunity to change their tender price to something lower than $7.25.

I don't see anything fishy here at all. What I see is that the SEC has forced them to change their rules, in mid-game, to favor the small investor.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News