Remember, four months ago, when some of us were talking about BII doing a reverse split on the stock (i.e., 1 for 2) in order to achieve the valuations necessary for listing on NASDAQ?
Don't want to sound too cynical (and am still long) but what better way to achieve the valuations necessary to achieve NASDAQ listing than by floating a false rumor about a possible takeover? Just a thought...actually, I don't think it really matters, because the stock, relative to its kind, is undervalued. Still, despite all the positives, we should keep a wary eye on things. Ultimately, BII @ $50 US, is the story, and it don't matter how we get there...but still, you've gotta wonder...
Good luck...Regards,JK |
