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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Big Dog who wrote (610)4/20/2001 1:33:03 PM
From: kodiak_bull  Read Replies (2) of 206281
 
I'm wondering if anyone here has a feeling for how PEX may trade in the future. As you know, it's a tiny company with a miniscule float. When I loaded up on JimP's SMOP last December and the merger was announced, I told myself I'd be happy to exit at $4.51 in the market. Now PEX is trading (sort of) at 10.23, which places an exchange value of SMOP at about $4.82 (10.23 x 0.471).

But having been the victim of small cap stocks in the past (and present: UFAB), I'm wondering if, post merger, PEX is likely to increase its trading volume enough to take the shares instead of the dough.

TIA,

Kb
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