Re: natural gas
in response to
by
posted on
Jun 07, 2008 03:57AM
Investor Inquiries: 604-649-0080
I don´t know.
1. Other companies have a poison pill in place prevent takeovers such as you describe.
2. The competition knows more about what´s down there than MEO would have us believe(my opinion). If they wanted to swoop, they´d do it at .10 a share. They haven´t.
3. $1.00 a share would be a ten-bagger, which I would happily accept. I really don´t think we´re going to see the price go that high on its own.
4. I´ll say it again - the average shareholder is ALWAYS behind the curve. If the potential was such that the stock was worth much more, the price would reflect it.
5. Now I´ll make a prediction: the maximum sp we will see, short of a buyout, will be less than fifty cents. Probably thirty. If that. I am often wrong about my stocks. I hope this time is one of them.