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Re: I missed that bit of news. n/m Posted by poop deck pappy [Email] (#2012) [Profile/Gallery] (more from poop deck pappy) on Fri, 21 Oct 2011 19:27:24 In Reply to: I missed that bit of news. n/m, John Myers, Thu, 20 Oct 2011 09:15:49 Members do not see ads below this line. - Help Keep This Site Online - Signup |
I follow the markets daily and I've read this deal is dying over intellectual property rights. Saab doesn't want to sell it's "core". Saab would prefer a passive investor. If they sell, they will be striped of their only value and quickly discarded.
I'm surprised at no government intervention here.
Saab's stock has little over head resistance because everyones already out but it's a pure flyer. Invest only money you never intend to see again.
I love penny stocks. The thrill of 3000% is great, in all ways.
You help keep a company afloat that would have died if not for you and those like you. Amen
The last three weeks I've been buying shipping companies, many are now penny stocks. This whole sector has been crushed, some are going concerns some aren't. Hard to tell from my chair so I create my own baskets. If you invest long term, 10+ years, these are great stocks.
I don't even know if Saab is traded as a ADR? I'm going to look at it tomorrow but if the Chinese get it, it's gone.
Are any members share holders?
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