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Comments on: AMD urges investors to reject mini-tender offer

TRC Capital looks to buy less than 1 percent of the chipmaker's outstanding shares at below its current market value.

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below market value???
by hitman247 October 19, 2007 11:59 AM PDT
I'm not the smartest investor out there by any stretch but why on earth would anyone sell their shares at below market value? on top of that - how on earth are people buying stock without knowing the price, p/e or growth potential? its like buying a car and then selling it for 1/2 price the next day because someone offered to buy it. its not like berkshire shares that so few people can afford them or something!!
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The first thought that came to my mind was that perhaps institutional
by Tsee-1968031069905097881578618 October 19, 2007 1:30 PM PDT
investors (eg mutual funds) may want to offload some shares without triggering a decline by putting a huge block on sale. But this offer looks more fishy than that.
Re: Below market value???
by chuck_whealton October 20, 2007 7:22 AM PDT
It seems like just another of a million attempts to take advantage of people.

I agree that people probably shouldn't be investing without some knowledge of what they're doing, however, it doesn't give a company the right to try to take advantage of people's lack of knowledge.

Action like this should be outright illegal.

Charles R. Whealton
Charles Whealton @ pleasedontspam.com
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