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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (125656)7/27/2008 11:18:34 PM
From: philv  Read Replies (1) | Respond to of 313687
 
Its still got a long way to go, and the shares won't be transferred unless the deal goes through? Anything can happen, these takeovers aren't a sure thing. Nova Gold is a good example, and they didn't even have another bidder at the time. If the deal is so bad, the penalty can be easily absorbed, as it is only worth .30c per share per my reckoning.