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Non-Tech : InvestRight Club Challenge
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To: Gator who wrote (10)2/20/1999 11:30:00 AM
From: Jeffrey L. Henken  Read Replies (4) of 2662
 
>MOKA two weeks away from deadline for definitive agreement on acquisition by DDRX. Deal is worth $35 million to MOKA ($3.25/share). MOKA is trading for $2 1/8. AP incorrectly reported deal worth at $25 million, or around $2.35/share, which may be why it isn't trading closer to $3+. The closer we get to March 5th, the higher the stock should go.<

Sounds like MOKA should issue another press release and force the AP to report the correct numbers. It also sounds like investors should be taking advantage of the obvious potential for this stock to outperform over the next couple of weeks.

Here is a URL for other investors to look over all your picks: MOKA, CRNC, EBLD, IGHS and my personal favorite RDIM:

One has to like the insider buying at MOKA too. It sells well below book value and they have a couple million in cash. In addition the company is heading into it's higher sales period. All in all I like MOKA at these levels a lot and see this as a reasonably secure 30% gain for shareholders over the next two weeks if they could get in at the closing price of last Friday:

quote.yahoo.com

biz.yahoo.com

I would very much appreciate your sharing any further insight into why you feel your other stock picks might outperform as well?

Thanks, Jeff
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