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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: cubsfan who wrote (4553)	11/20/2008 11:21:18 AM
From: RockyBalboa	Respond to of 6370

..

To: cubsfan who wrote (4553)	11/20/2008 11:21:19 AM
From: RockyBalboa	Respond to of 6370

BIDU is doing better... Citi a think thing. I´m pissing away yesterdays ABK casino profits.

To: cubsfan who wrote (4553)	11/20/2008 6:13:38 PM
From: RockyBalboa	Respond to of 6370

Ho hum: Press Release Source: Image Entertainment, Inc. Image Entertainment Signs Definitive Merger Agreement to Sell Company for Approximately $100 Million Thursday November 20, 5:30 pm ET CHATSWORTH, Calif.--(BUSINESS WIRE)--Image Entertainment, Inc. (NASDAQ:DISK - News), a leading independent licensee, producer and distributor of entertainment programming in North America, announced today that it has entered into a definitive merger agreement with Nyx Acquisitions, Inc. to sell Image in a transaction valued at approximately $100 million, including the assumption of the company’s outstanding debt under its credit facility, replication advance obligation and convertible note. Under the terms of the merger agreement, Image stockholders will receive $2.75 per share in cash. The agreed-upon acquisition price represents a 299% premium to Image’s closing share price of $0.69 on November 20, 2008, and a 267% premium to the 30-day average closing price of $0.75 ended November 20, 2008.

To: cubsfan who wrote (4553)	11/20/2008 8:17:43 PM
From: RockyBalboa	2 Recommendations Respond to of 6370

A good read: For that vaunted capitulation to occur, “we need to see people stop trying to buy these bottoms,” he says, and for investors to realize after the fact that the cathartic selling had occurred when they, too, were selling (presumably including himself). What’s happening now, he says, is that investors are “trying to catch a falling knife.” Once investors have been shorn of their fingers, they’ll learn. Message 25193906