JNJ buyout make the most sense to me make an offer
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Posted On: 04/22/2017 11:28:29 AM
Re: Wheelhorse #443
JNJ buyout make the most sense to me make an offer an take it to the shareholders
This would make total sense if not for the last 6 years. J&J is not going to make an offer to DECN, except perhaps if the current court case goes so badly for them that they would try to buy themselves out of legal trouble.
J&J's views of DECN can be summed up in about 3 minutes by reading the iHub board, and if it were still possible, by reading the old Yahoo board. They think of DECN the same way that many message board posters do. Why should they spend any money when DECN's worst enemies are its own shareholders.
DECN shareholders have voluntarily gone to J&J and offered to provide assistance. Many did provide J&J documents and information that J&J used against the company during the last litigation. Some of these shareholders had already sold at a loss when they went to J&J looking for revenge. Normally a selling shareholder just moves on after a loss. Not these guys. They decided they wanted to hurt not only the company and its management directly, but to make remaining shareholders suffer as well. Read the annual report. The company discusses these instances.
Shareholders continue this practice today, and the numbers are growing. There are shareholders who have conspired with current and former contractors of the company, in one instance demanding that a contractor take control of the company.
These things are called torts. The triple damages kind of torts, and for many of them they will eventually pay.
Back to your point. Why should J&J buy a company that is being destroyed perfectly well thank you by its transient owners? Just hanging in there is all J&J would have to do. Even a losing J&J would have to do no independent investigation of the legal situation that would cost millions -- not as long as DECN shareholders and former shareholders, and message board trolls are helping them for free. And therein lies the beauty of scoop's plan in iHub. Make outrageous remarks, tell people how the world works. Tell the world there is some grand conspiracy at foot, and when nobody comments in a retort, claim that you were right all along. And voila, there are grand conspiracies, management incompetence and corruption, self-dealing, etc. etc. It takes away the monetary incentive for J&J to settle for a long time, if ever, when it appears that shareholders, many who are not shareholders, will do J&J's job for them. Did anyone read J&J's response to DECN's amended complaint? They admitted to nothing but didn't counter a single DECN allegation. And why should they have to. Right scoop?
This would make total sense if not for the last 6 years. J&J is not going to make an offer to DECN, except perhaps if the current court case goes so badly for them that they would try to buy themselves out of legal trouble.
J&J's views of DECN can be summed up in about 3 minutes by reading the iHub board, and if it were still possible, by reading the old Yahoo board. They think of DECN the same way that many message board posters do. Why should they spend any money when DECN's worst enemies are its own shareholders.
DECN shareholders have voluntarily gone to J&J and offered to provide assistance. Many did provide J&J documents and information that J&J used against the company during the last litigation. Some of these shareholders had already sold at a loss when they went to J&J looking for revenge. Normally a selling shareholder just moves on after a loss. Not these guys. They decided they wanted to hurt not only the company and its management directly, but to make remaining shareholders suffer as well. Read the annual report. The company discusses these instances.
Shareholders continue this practice today, and the numbers are growing. There are shareholders who have conspired with current and former contractors of the company, in one instance demanding that a contractor take control of the company.
These things are called torts. The triple damages kind of torts, and for many of them they will eventually pay.
Back to your point. Why should J&J buy a company that is being destroyed perfectly well thank you by its transient owners? Just hanging in there is all J&J would have to do. Even a losing J&J would have to do no independent investigation of the legal situation that would cost millions -- not as long as DECN shareholders and former shareholders, and message board trolls are helping them for free. And therein lies the beauty of scoop's plan in iHub. Make outrageous remarks, tell people how the world works. Tell the world there is some grand conspiracy at foot, and when nobody comments in a retort, claim that you were right all along. And voila, there are grand conspiracies, management incompetence and corruption, self-dealing, etc. etc. It takes away the monetary incentive for J&J to settle for a long time, if ever, when it appears that shareholders, many who are not shareholders, will do J&J's job for them. Did anyone read J&J's response to DECN's amended complaint? They admitted to nothing but didn't counter a single DECN allegation. And why should they have to. Right scoop?
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