I am completely positive on them. I think the fundementals are strong, as you pointed out, management clearly want to privatise the company, but it's not a liked stock in the market place and longer term, I think they will sky rocket, but if you look over the past 2 days, they haven't bought any VRL and only 800,000 VRLPA. They are being patient and that will restrict the upside over the next few weeks..
All I was trying to point out is that as much as I like the stock, the current yeild isn't 10% even though you picked them up on the cheap and that I disagreed with your price target of 2.30 - 3. $2.15, I agree is possible...as I said, I hope more than anything you are right and I will buy you a drink if you are:)
Go Village:)
VRL Price at posting:
$1.87 Sentiment: ST Buy Disclosure: Held