Saturday, May 30, 2020 2:56:02 PM
A smart CEO who gets it....
Great DD, Smart_Dinero! Folks, if you have questions, I would strongly suggest to ask the experts in the field, instead of relying on an "investment board!"
Twitter account posting a discussion with CEO of MGN Logistics, a company that was a 5 time recipient of INC magazines Fastest Growing Company Award!
https://twitter.com/Smart_Dinero/status/1265862873122775042/photo/2
So, I did a little research on XPO Logistics (NYSE:XPO)
First 3 years from 2012-2015 they lost a ton of money while borrowing to make acquisitions in the transportation space! Check out their most recent Financials.... INCREDIBLE!
investors.xpo.com/annual-reports
Page 87
Again, I ask this simple question, "Do you think John Mercadante, a 74 year old BILLIONAIRE, is interested in running a scam company?" If you think yes, then I suggest you sell on Monday, if you think not, then I would suggest to continue buying and put this stock in your kids or grandkids accounts.
For those who understand this acquisition strategy, it means borrowing money or trading stock to acquire companies until you reach scale, then start to worry about the debt and net income. Same thing XPO did, and same thing John did with Coach USA!!
Recent TLSS News
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