(Total Views: 375)
Posted On: 11/26/2019 6:52:53 PM
Post# of 149261
Re: craigakess #11564
You are assuming he can get a deal done at all. All of the historical evidence is to the contrary. actually, not true - the deals he has closed have driven the stock price down 75% over the past five years. Typically you would need to do something fraudulent or purposely try to destroy the company to see that kind of collapse in value.
Add to the fact that we are in an extremely tenuous financial position right now – – if we were to have another 08 type market crisis, and then be out hunting For a deal, we would be SOL.
So just to be clear, those calling for a deal “any deal” aren’t that crazy in my opinion. They just want to get into a situation where they haven’t lost most of their money, and the company they’re invested in doesn’t look like it is about to become insolvent.
Add to the fact that we are in an extremely tenuous financial position right now – – if we were to have another 08 type market crisis, and then be out hunting For a deal, we would be SOL.
So just to be clear, those calling for a deal “any deal” aren’t that crazy in my opinion. They just want to get into a situation where they haven’t lost most of their money, and the company they’re invested in doesn’t look like it is about to become insolvent.
(0)
(0)
Scroll down for more posts ▼