SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Terry Maloney who wrote (240137)2/5/2016 3:54:40 PM
From: stuffbug  Read Replies (2) of 313046
 
Wording is very interesting.
"not aware of any material, undisclosed corporate developments"
Note the "material" modifier - if Tahoe has yet to make a formal offer, then the news release is most probably legally truthful.
Tahoe could be preparing an offer, but until it is actually presented, it doesn't mean diddly squat.
Lakeshore probably wants to contain the share price until an offer is received.

I think Otto's description is closer to what is actually happening.
incakolanews.blogspot.pe

Market does not believe the news release.
I am not selling off any traders in the hopes of buying back 10% lower.
The end game is just too close.
Debenture trading prior to the halt was based on the assumption of an imminent buyout.
And someone bought over $2 million worth of the convertible debentures last week.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext