No,
You are right you don't get it. I believe the company, if SOLD, is worth more than 25. however, I also believe that i will have ample opportunity <if not sold> to buy back below 16 3/8. This is simply my belief, whether right or wrong. However, it is possible, as i have just explained, to believe a company's buyout value is far greater than the current price, yet still sell at the current price. If I held every stock I believed would be bought out for far greater than the current price my portfolio would be very stagnant, which is not how I operate. But thanks for your question of sorts!! |
