I got a chuckle out of a post today that rumoured the sale to a major for $10/share. We've heard this number before but it was for a percentage of NOT, not the whole enchilada. Perhaps DE1. I would liken selling NOT in total for $10/share to driving across the continent for a 50% sale on a case of beer. Though I like a glass of beer the effort wouldn't be commensurate with the reward. Imagine R.N. selling out after all of the work to ensure that the value for investors is protected with a poison pill agreement, the involvement of entities with the experience in the business to ensure the finances of the company are managed to bring maximum efficiency in operation and again, value to the shareholders in takeover negotiations. After everything R.N. must have been through in his experience, it would be hard to see him settle for anything less than "the big score". I think we can pretty much count on that. But you knew that.

On another note. I get nervous when people say "we'll never see $___ again. Most everyone in stocks has lived to taste the bitter market response to that optimism. I give you August and January. Consider that, after the wonderful convention and rebound of NOT's sp (and the news tomorrow... halt anyone??????), there will be some days left in the window of opportunity to play with the sp. If we don't have some pretty amazing news, and even if we do, we could well see one more kick at the can to topple the sp. With good news we could see a hike to make it near impossible to take it below $6. If that is so, there is not so much of a case for taking it down as they will have a lovely sp to short in June as a consolation prize for having to find some cash sooner. I can't say one way or the other what will take place, or read the minds and sentiments of those involved, but I'm keeping my mind and options open for as many possibilities as seem feasible.... and maybe some that aren't.