less time equals more gain, page-27

I don't agree (with TC2855) that the worse-case
scenario is compulsory aquisition at 70 cents.

The worst-case scenario is GEM walks
away from the deal (if it fails to get
90% acceptance) and KIM plunges
on the market due to loss of
confidence in KIM's
management.

Which is why I hedged my bets by
selling half my KIMs on market
after they rose from the false
bottom created by GEM and
put the other half into
the GEM offer to lock
in the 70 cents in
case the offer
does succeed.

If the offer doesn't succeed,
only the first half will be
subject to any price
plunge that follows
if GEM walks away.

But like everybody else affected
by the GEM/KIM shenanigans,
I'll be unlikely to be able to
accutately plot my way
past all forseeable
losses and bad
outcomes.

When all else fails...



... try group therapy.