Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Is a buyout coming?
#1

Given all that has happened since the cc, I have reached a conclusion that I admit I find intriguing. We have seen every kind of short attack that dates back 5 years, all the knives are out. Mgmt has lost control of the process, the resource is flawed, bids are low, etc. Seriously, can anyone think of a short arguement that hasn't been recycled? Slings and arrows from all directions including pps.

Someone posted that two deep pocketed hedge funds would never cover unless there was a buyout. I found that comment what a poker player would call a "tell". Is there anyone long here that states they would never sell this stock unless it is bought out? It's the same logic/bravado, no? There has to be some collusion involved somewhere in the shadows. Demoralizing the shareholders is the goal and psychological torment is the weapon of choice. It seems to me to be escalating as well. The old adage applies, if you want someone to see your point of view grab them by the wallet.

It's an incredible high stakes game being played behind the scenes and we'll never know for sure. I recall Hemi posting a while back about preparing for a disinformation onslaught. How prophetic.

It's only a hunch, but it seems logical to me for someone to step up here and make a play for the entire company. I'm not advocating a buyout just expressing what my spider senses are telling me.

Thoughts?

Reply

#2
Could be and it was launched Sept 19 with that Blair Price article citing anonymous sources that implied PNG was asked by IOC to take 50% of the project, presumably at a steal, and that unsettled the market when it really shouldn't have. We've gone from $85ish to %59 since then I guess it worked. It's hard for ennerOle to fact check all for us when they are under CAs.

...“They are gearing up for some big announcement on Thursday which they will clearly try to dress up and say that the state will buy the gas at the same terms PRE paid, which the state may well try and hawk around for a carry on those terms but it will never get it,” the source said."...

Low pps prior to SD is the time we could expect the chatter. I don't think it happens though. Looks to me that PNG wants IOC to remain, thrive and be one of 3 large projects and an ally to PNG.
Reply

#3
Lib, I said a long time ago. Looking at time value of money $300-$350 would be a likely thresh hold people would sell. Now, add a short squeeze and the price may be higher. We will see...
Reply

#4
Maybe I'm being to short sighted in this next comment but I'd be willing to be a SM could get a buyout completed under $200 maybe even closer to $175 if that buyout happened in the next yr
Reply

#5

'Libtardius Maximus' pid='13147' datel Wrote:

Given all that has happened since the cc, I have reached a conclusion that I admit I find intriguing. We have seen every kind of short attack that dates back 5 years, all the knives are out. Mgmt has lost control of the process, the resource is flawed, bids are low, etc. Seriously, can anyone think of a short arguement that hasn't been recycled? Slings and arrows from all directions including pps.

Someone posted that two deep pocketed hedge funds would never cover unless there was a buyout. I found that comment what a poker player would call a "tell". Is there anyone long here that states they would never sell this stock unless it is bought out? It's the same logic/bravado, no? There has to be some collusion involved somewhere in the shadows. Demoralizing the shareholders is the goal and psychological torment is the weapon of choice. It seems to me to be escalating as well. The old adage applies, if you want someone to see your point of view grab them by the wallet.

It's an incredible high stakes game being played behind the scenes and we'll never know for sure. I recall Hemi posting a while back about preparing for a disinformation onslaught. How prophetic.

It's only a hunch, but it seems logical to me for someone to step up here and make a play for the entire company. I'm not advocating a buyout just expressing what my spider senses are telling me.

Thoughts

Toot Toot !!

Reply

#6

'Tusker' pid='13157' datel Wrote:

'Libtardius Maximus' pid='13147' datel Wrote:

Given all that has happened since the cc, I have reached a conclusion that I admit I find intriguing. We have seen every kind of short attack that dates back 5 years, all the knives are out. Mgmt has lost control of the process, the resource is flawed, bids are low, etc. Seriously, can anyone think of a short arguement that hasn't been recycled? Slings and arrows from all directions including pps.

Someone posted that two deep pocketed hedge funds would never cover unless there was a buyout. I found that comment what a poker player would call a "tell". Is there anyone long here that states they would never sell this stock unless it is bought out? It's the same logic/bravado, no? There has to be some collusion involved somewhere in the shadows. Demoralizing the shareholders is the goal and psychological torment is the weapon of choice. It seems to me to be escalating as well. The old adage applies, if you want someone to see your point of view grab them by the wallet.

It's an incredible high stakes game being played behind the scenes and we'll never know for sure. I recall Hemi posting a while back about preparing for a disinformation onslaught. How prophetic.

It's only a hunch, but it seems logical to me for someone to step up here and make a play for the entire company. I'm not advocating a buyout just expressing what my spider senses are telling me.

Thoughts

Toot Toot !!

Reply

#7
hope that "toot toot" from Tusker is the sound of the train arriving for us longs and about to roll over every short into bk heaven...I suspect Tusker has more insight to what's happening behind the scenes than just speculation...maybe that's wishful thinking on my part given our drop in pps..
Reply



Forum Jump:


Users browsing this thread: 1 Guest(s)