John StephensonDaylight Energy LtdDAY.TOHOLDDec 03, 2008
In the OK category. Wouldn't Buy but if you have it continue to Hold. Has done a really good job of cleaning things up. Smaller trust and not considered to be a better operated trust.
(Top Pick Jan 27/11, Up 7.62%) was taken out by a Chinese company. Didn’t predict it but clearly it was the smallest of the group. There will be more of a trend of this happening.
Being acquired by Sinopec International. He has tendered his holdings. When is a bid on the table and not likely to have counter bid, take the money and run.
Stock shot up when Sinopec Int made an offer to purchase at $10.08. If you own, he would suggest you take your money and run. There are still some regulatory hurdles.