HGS,
But have you seen market conditions like this? Can you say that? Your price goes up on good news only to be knocked right back down by profit taking
Let's say that there are two trusted fund managers that I need to work with.
Let's say the hostile takeover guy is working with also two different trusted managers.
I would show my hand to the two trusted ones and downplay to everyone else.
While the frustrated throw in the towel the ones I work with slowly buy thereby not increasing the share price but increasing control. What's the point of buying like crazy when your competitor has his hat tipped to do the same. You end up with a higher share price but the same control over the company.
Would you be happy if the price was pushed to $1.98. and the BOD bragged about how undervalued we were and then we had a hostile takeover for 2.20?
The Big Score did a lot for me once again to encourage me to think outside of the box.