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  4. Decision Diagnostics Corp (DECN) Message Board

My points: 1) "books" will be made available to a

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Post# of 11803
(Total Views: 215)
Posted On: 07/17/2017 8:38:27 AM
Posted By: actioncaster
Re: zeynoc #1222
My points:
1) "books" will be made available to a suitor, whether they're reliable or not.. investors won't get the benefit of vetting that information outside of a courtroom
2) the company's current sales (as of last quarter) are a horrible metric for any offer in the near future

I find it hard to believe that, with the time people invest on these boards, there's only 20 shareholders with > 100,000 share positions, but stranger things have happened.

I also find it hard to believe any of those large shareholders would be interested in a buyout just 50% above multiyear lows. Stranger things, again.

Had expectations been managed in a more prudent way it might not be as big of a problem, but as it stands, now there's the possibility of a tender offer coming in at what I would describe as the worst possible moment. Assertions that "everyone would be gone at a .25 offer" say more about a lack of faith in execution than profit motive (hint: that won't be much profit for many), and I would hope they're flawed.


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