Nope - you still don't get it....some of the most classic value investor picks are the ones where you expect a major shareholder or some other major player to bid or buy out the company and then unlock that value in the company.
It's a classic play and has been done many times by some of the greats like Warren Buffett and Carl Icahn to amazing effect.
I'm hoping for at least 1.20-1.40 before I exit this trade. That would be a tidy 100% profit for me or there abouts.
MYR Price at posting:
64.5¢ Sentiment: Buy Disclosure: Held
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