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Old 07-15-2005, 01:06 PM
meow_meow meow_meow is offline
Senior Member
Join Date: Jul 2004
Posts: 180
Default Re: merits of WPTE.....

As mentioned, no options trading.
Also, no unusually high volume prior to the "offer".

I mean, it really looks like a pump and dump, but I think the SEC is all over that kind of thing these days. The absolute most that you could have "got away with" has to be less than 50k shares, given ave. daily vol. of around 500k, and that only works to a profit of around 300k - not that much for such a risk....

Anyway, what I really wanted to do was start a discussion about the actual value of this company, not the takeover bid...
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