Originally Posted by
Leo Hairy-Camel
From that article:
Others pointed out that opponents of the bid, who have paid over 3 euros a share accumulating defensive stakes, may be less inclined to buy more given the losses they are carrying.
But if they buy more at, say, 2.50, wouldn't that mean they average DOWN the cost of the investment? Then its a matter of where you see the long term value of the share price.
Too many of these financial articles seem focussed on the short term. the quick buck. I guess the ALT pilots are in for the long haul, not a quick buck!