miklosh,
Regarding your comments to mr. mark:
<<EB said months ago that the ratio would be 1:1.5, so why has the stock suddenly run up 52% in 12 trading days? Could it be that the street was saying, we'll only believe that number when we see it? If the recent acceleration in $/share was due to the finalization of the split ratio, that does not bode well for the resurrection of EB's credibility>>
I understand your frustration with COMS and EB, and have shared those viewpoints at times. However, I am not sure I understand your comments about the run up in COMS being due to sudden realization that the 1/1.484 ratio is now fact.
COMS (sans PALM) has run up very little in that time. To use your time frame, PALM was 31.9 on 7/3, and COMS was 45.4. On 7/14, PALM closed at 55.9375 and COMS closed at 73.65.
If you apply the 1.484 ratio, then COMS sans PALM has only "run up" less that 2 1/2 points. I hardly call that dramatic, do you? In fact, I would suggest that the run up has little or nothing to do with COMS itself, but instead with the runup in PALM from 31.9 to 45.4.
While I agree there is some debate regarding the future of COMS as a separate entity, I do think there is tremendous potential for PALM, and there may even be more runup yet. We can always hope! :>)
Good luck in your exit strategy!
Mike |
