Bull, Joseph,
Interesting thoughts, guys.
Like you, Joseph, I have traded my way to a better position base, having liquidated 3/4 in the low 1.50 range and now having completed the buyback to that position level, the last part coming under $1.
Like you, Bull, I eagerly anticipate a buyout. But, as Joseph pointed out, from this discount price, it's not going to be $7 a share. We need a price run first, or JVA, or maybe both.
Unlike you, Bull, I believe no matter how strongly I feel about a stock, it's always possible it could go lower. Because of that, I tend to keep some investment cash available for further on-sale prices. If buying Kimber at $1 is good, it follows that buying at .75 is even better.
Goldcarp