sino take over certain , page-13

Yes Harbinger and maybe some other big investors bought big chunks of MMX when it was trading between $3-$6 so they won't be happy with a $1.50- $2 takeover offer and would probably rather hold onto their shares long term for when the world econmy and MMX's share price improves, so SINO would probably have to offer atleast $3 bucks maybe more to make those guys accept, which would be good news for us, the problem is SINO got badly burnt paying too much for MIS so would maybe they will decide they don't want to make the same mistake again and decide not to takeover MMX and just live without it.