<<Anybody have an idea when we might see some news? >>
DuGen,
I have some thoughts on that one. Did you see my post to you last week? (#reply-7429118) Reno said that the meetings in D.C. had (and were) going great and news would be out sometime, presumably over the deal(s) that had been struck. My opinion is that there is a possibility of news this week. If I miss on this week, I will mentally consider news "late" and give Madison two or three weeks grace period.
If no news comes out by, say, Monday, February 15, I'll call Reno and ask what happened. If the reply is reasonable, that legitimate delays occurred, I'll continue to hold. If I sense that something serious/unpredictable has happened, I'll consider my options then based on what I hear. That is my game plan but I really hope it doesn't come down to a waiting game. I do believe that news will be out this week or the next. It's my opinion only--Reno did not promise news to me. Certainly, though, for their interest as well as ours, Madison wants to let shareholders know what good things are going on.
Price expectations will be better gauged when the news is out, but I have to believe that good news will put the price over a $1 easy. How high over a buck I'll leave until after we all see the news.
Good luck all,
Chris |
