"If one choses to invest (non short) in these markets and make money, he better pick the bottom or invest in a takeover target. For me, CUU is in the short term takeover target category."

That's the main issue I have cuuvette, and that is, when I invested in CUU in 2007, I was willing to wait 2-3 years before cashing out. But I certainly did not expect 5+ years and still waiting. Unfortunately, I bought a lot of CUU in the $1.75-$2.25 range and will be way under water if I sold at .80 cents and I've sold some but still have lots and hope sale price will be above $2.50 to break even.