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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (56571)8/13/2002 12:01:33 PM
From: the Chief  Read Replies (2) | Respond to of 62347
 
Well I just couldn't resist...so I bought more GLE. Most have not accounted for the production facility which is worth (memory...$40mm) I am considering a takeover. I'm gonna propose a buyout of $3.00 a share which is a 50% premium to the shareprice. Pay the $3.00 with their cash, fire all the personnel, sell the buiding, and the technology. I figure I should walk away with about $100mm for my troubles.

Mind you I'm sure the company won't like my offer....LOL Needless to say...not a daytrade for me...and I don't care whether people think I'm nuts or not. If one believes that Gold is a good hedge against a war. (Bush) And the war, if it were to occur will destabilize oil prices......then Alt Energy gotta be the next piece of verbage out of Bush's mouth.

Who knows...maybe I'll add it to my Bro-X, Bre-X and Axxent wallpaper



To: Claude Cormier who wrote (56571)8/15/2002 11:52:31 AM
From: electrodude  Read Replies (1) | Respond to of 62347
 
The best trade ever: Long GLE, SHort BLD.

Ouch! Think I'll pass on that newsletter subscription...