Ann: AEL's Increased 42 cent offer for Adelph, page-29

re: Ann: AEL's Increased 42 cent offer fo... Is anyone still laughing at how easily these boneheads are bent over, either that or they think we've come down in the last shower.

- they've heard from shareholders who indicate they're likely to sell. LOL I'm sure they've heard from plenty of other shareholders who thought the offer was in insult.

- 21% of the company has turned over in a month and 'they believe' hedge funds have been buying and would sell out for a 1 cent gain? LOL I'm sorry, but what? Which investors would bother to take a stake in a company just to get a vital 1 cent gain?


That ADI release today was one of the most snivelling, spineless reads I have ever come across. All anecdotal garbage - let's be honest who, knowing the potential of the company, would have contacted to tell the board 'yep I'll be selling, cause that 40 cents suits me fine.'

Then, it's completely insulting to anecdotally suggest hedge funds have taken a position, then make a claim that because they might be short term in nature, they were doing it to accept a cent higher than they purchased for.

Yep, compelling reasons to sell out. Surely you'd first be ascertaining what GS was up to, being that they'd become a substantial holder and at least convey that to the shareholders. Not some anecdotal garbage about 'we believe' and 'they'll likely accept 42 cents.' Without knowing who, what or why.

Insipid stuff.