What does this mean to a cmkx shareholder?
Irishmaniac...welcome aboard. As you no doubt surmised, this particular post is in the "rumor mill" But were it to have some validity, which it may, at this point its simply rumor, then we would have to assume that given the parameters "a friend of a friend ..etc, that what we are hearing is third or fourth hand, if in fact it really happened...kinda like three blind men examine , then describe an elephant from their various positions
round the animal.
First lets look at the opening ..." OK, I have good friend at work, whom has been trading stocks for many years, and whom has a relative whom works for a well known broker. This person is way up the corporate ladder. You don't talk to this person, if you call them. They said CMKX going private with tender offer, then merge with CIM and IPO on AMEX." That catches your attention, it did mine at first, lol.
Usually such 2nd and 3rd hand information is sort of like "urban myth" as in the man with a steel claw..stalking lovers lane....
Now don't take this wrong..it very well could be , just as the author has described, but usually, given the statement...
"I posted this 2 or 3 weeks ago, and everyone laughed. "
The individual is looking for vindication on his / her original assertion... and again, that does not necessarily mean, that this post and data are flawed..
Further validation from the "source" is provided in the following manner...
they MAY buy back our cim shares, then reissue them as a divy AGAIN......
share structure coming out along same time as 3 way split for ucad
.01 cash divy for CMKX Friday 29th and .49 within 45 days as tender offer
PPS of cmkx is meaningless
o/s under 200 b, float less than 100 b, most of that was owned by debeers and deal was made, if they wanted to buy rights from CMKX, they had to sell their shares. so now you see where they were coming from this week
Again, should we trust this source...well, that is debatable and depends entirely on your threshold level regarding information / data...your criteria for acceptance of such, from an unknown source.
I prefer facts and "credible " people providing me with information..
Now given the level of inquiring minds on various boards...this statement has some validity..
" I was told NOT to disclose source, not inside info, just didn't want their co. overwhelmed with calls,
but then he / she loses credibility by adding the following..."and their agents you call, don't know any of this."
Finally, to assure the reader of his / her authenticity, the following statement is added...
"once share structure released, real ratio will be known to release share divys, better than anyone will believe."
Bottom line...you have to make up your mind as to what you believe relevant to this post...if such a thing happens and I'm not saying that it isn't possible...it would be a very good thing for CMKXers.
But as I pointed out in my post..regarding Ockham's Razor, it's not that I don't believe the author..I use a established set of criteria for judging information and data in general....
and by that I mean all of us, have at one time or another, put forward a theory regarding our situation and why things have not "panned out" as we anticipated.
On that issue, I think it is appropriate to simply say, when a new set of facts requires the creation of a new theory the process is far from the orderly picture often presented in books. .....
This is a "fact" supported repeatedly on all the boards...lol
If you are interested, please read the entire post at ..
newcmkx.proboards33.com/index.cgi?board=general&action=display&thread=1098335510it may help or may even confuse the issue...lol
Rumor...this is in the rumor mill...!
