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No. of Recommendations: 3
I have mixed feelings about this. On the one hand, a 40%+ premium is not to be looked down, but on the other hand, the fact that knowledgeable local investors are willing to buy out the company dismisses the shortsellers story that the company profits are bogus. And if the company really churns out $.75 in last quarter's earnings, then $6.6 a share is small change for the value of such an incredible business.

Any idea what happens to small shareholders who don't sell if the company indeed goes private?
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