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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (51679)6/17/2013 7:47:02 PM
From: Paul Senior1 Recommendation

Recommended By
Jurgis Bekepuris

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NICK. Seems to me it's been an awfully long time for news about their potential acquirers. Stock is moving up though past couple of days, so maybe an announcement is forthcoming. I'm playing safe and have made a partial sale today (and Friday). Last time when the company said it was looking at all options including sale (and the stock then scooted up), the stock fell sharply when controlling stockholder(s) decided not to sell.

For me, I'd rather take some gain here and give up prospects for further appreciation, then chance the the deal will fall through, or not be much higher than current price. Stock is still below fair value at today's price, imo, by the way I value it.

finance.yahoo.com
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