You know if Sim put out an offer of 16 1/2 bucks on Monday for all the outstanding shares in CREAF, I believe it wouldn't even trade that high, as most would happily sell out for less.
I believe he would get the approval of over 90% of those shares. He'd get mine. And if he did get the approval of those shares, he could easily find a private partner or backer to take 30 to 40% of the company in return for his debt. Then he would never have to deal again with shareholders, and earnings reports, and conference calls, and pain-in-the-ass analysts, and forward looking statements, and ignorant fear-mongering media, etc., etc., etc.....
But he's SO CHEAP and SO GUTLESS, that he would surely never do such a thing. He would rather screw the other shareholders and let them twist in the wind, hoping to get it even cheaper.
I'm feeling an ugly gap down to about 13 5/8. Sigh.
Dennis |
