I know that the news says there is a possibility of this company being bought out. But just how kosher is it and where did thid news come from.
Thanks in advance

I am DD.........and still with my EZJ.....do you think I should dump those....still have a feeling I could get 200, whatdya think?

Well out of lmc at 116, bb go with what you think is best its your money ,,2 if you can wait,,why not!!

massive debts, small profit. get out while you can, maybe spread bet a short

Any thoughts on the solvency of LMC ?? closures and resignations in today's RNS

Negative net assets don't seem to be putting everyone off. According to RNS over the last 3 days both Morgan Stanley and Goldman Sachs have been buying in modest size, now holding about 15% of the company between them.

Looks like an opportunity my be on the horizon again for a short,nice.

live interview on 5 live business programme, ceo refuted all the scare stories and said short sellers were spreding rumours which are all unfounded and they are cash positive with a 20m bank facility which has not been needed.

Not a great bundle of cash,all the same.

Ouch,200k.

could some one explaine to me what " holding in company " means I always see this as news associated with shares

Under the LSE rules, anyone/any corporate entity holding more than 3% of the shares of a company has to declare their interest. Usually these sort of declarations come from long term institutional holders who are tweaking their portfolios and not making much of a material change.

In the case of companies in-play, i.e. where there is stake-building going on, these announcements can be more significant.

In the case of LMC notice how recently some big players like Morgan Stanley have notified an interest one day and then a few days later notified that they "no longer have a notifiable interest".

Just remember that these big players can wipe most of us out without noticing.

looks like the answer to the above is yes, it appears to be kosher!

Once the due diligence gets started I wouldn't be surprised to see the "interested party" walk when they see what they could be getting.

Where do we see these in the short term,it was a day traders dream today with even buys and sells,looks shaky though.

Today, Travelocity offers 1.65 and the Directors say "yes" - so where is the shareholder value? I thought this co floated at 4 not long ago....fell like a stone and is just about treading water.
Shareholder value - those who read and believed the Prospectus should ask for a refund.

This short-termism has got to stop.

If the Directors are not capable of creating value then they should be forced out and leave the job to people who can. Maybe that's where Travelocity sees its future, but buying on the cheap is shabby for shareholders.
I have to admit I sold out in 2003 at 1.12, so persoanally I gained having bought at an average 41p but that's hardly the point, to shareholder-value is it?
Usually I'm in with the majority that lose.
The Offer is at a 50% premium to the recent closing prices.

hangon- What's the deal? is it just cash?