Looks like it could be a buyout. After making several telephone calls, my conclusion is that yes, they are indeed in takeover talks. However, that does not confirm that a deal will take place. All at the top are tight-lipped. But it is a fact. Yes, a deal could be had. In addition, there appears to be another company which is interested in PTVL. I admit, that this is very non-commital because I do not like to hype something without being 100% sure. Obviously, there are 3 roads one can take:
1. Take a risk on something that is highly possible and stick a good investment into PTVL. PTVL is not as overvalued as most internet stocks and a blow up in the deal will not cause a nosedive. If the deal does go through, this will be very rewarding.
2. Proceed with caution and accumulate slowly. Less gains, but if deal is called off, then losses are minimal. Of course, a blockbuster deal will not pay off as well as option 1.
3. Wait. Basically, this is the overcautious approach. If one is thinking about this course of action, then he should not be gambling on an internet stock anyway.
I, myself, and taking the second course of action. Began today, will continue tomorrow. |
