re: Ann: ADE: BPT: Beach launches cash bid fo...
what does this mean for short term direction of Beach sp?...my guess is that considering the takeoverer's sp usually suffers whilst they beingtakeoverer's usually goes up to the offer price and/or overshoots the offerprice...well, beach has cash but not that much...150 million or so in cash of which about half now goes into the takeover of ade...not so happy about that beeetch...why the hurry when just financing ade operations further would have been much cheaper for time being....?...anywhichway, have sold most of my beach on friday...so go down you beetch...might buy back a lotta lower soon...or just hang on to my little leftover and watch from the sideline...any chance of somebody bigger taking over beetch now or probably much later?....just poff not buying any ade for .14 on friday....my crystal ball was on strike...doh....!!..congrats to patient ade holders though....i sold them months ago at 12.5...profitably but way too cheep in hindsight of course...cheers, anywhichway, them's the exchanges...
BPT Price at posting:
$1.19 Sentiment: Hold Disclosure: Held