Pumping the price up will not work because once the sp passes the value of the takeover those few who have accepted the current offer will recall their shares to sell on market. The price is climbing slightly to tempt more to sell.....and it will work to a certain extent. The majority of the minority holdouts (does that make sense) will not however be sucked in.
It's going to take some more underhanded tactics to get past 80% but we all know that it's was used to good effect before and now the precedence is set it will probably be used again.
Unlike the "Directors" I will not be receiving the bonus of having thousands of free options paid out in full. And so like many here who feel betrayed by their "Directors" I have absolutely no intention to sell my share of the company to further enhance the "Directors" wealth.
Bit me!
BRM Price at posting:
$2.26 Sentiment: Hold Disclosure: Held
