Re: Chase Buyout, Stock Split and Contracts
Talk about old news... we discussed the Chase buyout on this board way back at the beginning of August: 207.183.153.206
If these shares were being dumped these past few weeks as Tech claims, presumably for tax reasons, then it's good news to know they're out of the way. If Tech, is, ummm... "mistaken"... then it would probably mean Chase is waiting for a higher share price and higher volume, which would also be good news. BTW, the company that made Chase "an offer they couldn't refuse", ALYD, has 30+ paying contracts, including several overseas. The company that picked up Chase, ****, has only 1, with zippo overseas. Draw your own conclusion.
As for a stock split, I could see a 2 for 1 at some point when the stock price is higher, but 5-1 doesn't seem likely.
As for unannounced contracts, I think it's pretty safe to say that ALYD is in, and will be in, ongoing contract negotiations with dozens of companies for the foreseeable future. When those contracts gets signed is up to the parties involved. Personally, if it were me, I'd be in no hurry to expedite contracts at year-end during tax-selling.
- Jeff |
