I agree with you, no prob's at all. But I personally am "sitting" for very good reasons, not just "in some dreamy hope". I wouldn't be waiting otherwise.
I'm no expert but I know one or two who are and it is this opinion, together with some personal observations, that has me taking my stance. There is nothing "foolish" about holding Blue Energy in anticipation of a possible GSA. But there is something compelling however to support that it is a good chance of occurring.
"No news" is a killer. And should a GSA take place, the long wait will have cost some their spoils. From my conversations with the company, as the quarterlies suggest, there are discussions going on. I am told no details as you'd expect, but these deals are not like selling a pair of sox. They're multi-faceted and different parties move at different speeds in the decision-making process. It's not BUL determining how quickly things gets done - we need to understand this. Comments on this site about management and how they are not doing enough, are not based on anything factual because the authors of those comments could not possibly know such detail.
Anyway, I hope I'm right!! I fully expect something will happen. But as with so many share market stories the timing is a nightmare to predict. I'm wishing us all good luck - and soon!
Kip
BUL Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
