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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Solon who wrote (9333)	2/18/1999 5:44:00 PM
From: Trader J	Respond to of 56535

Solon: MDIN - I myself probably will not flip unless I see enough of an opportunity to pull out my original investment. However, I fully expect that if the Lipangue site proves up like we all are expecting, that we can expect a buyout offer from one of the majors. There are a number of different scenarios of course but it is my hope that it would be a full takeout and not just a purchase of the Lipangue site..... much cleaner that way. But the real reason I am hoping for an ultimate buyout is that will virtually end the amount of flipping that would result in a good find. I really don't want to see this as a tradeable issue like it would be if Lipangue proves and no buyout takes place. Then I would be forced to trade it as well...... which is ok too as it is what I know best. Would prefer to have the easy money though. Who wouldn't. Tj