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Re: WBCTrader post# 230414

Friday, 04/09/2021 10:09:22 AM

Friday, April 09, 2021 10:09:22 AM

Post# of 235073
It doesn't actually work that way. In most cases, the acquired company experiences a stock price bump and the buyer a loss.

In this case, SFT acquired a basically worthless company. I'm guessing this is the new sales team, the acquired company will be disbanded, and the graphic design intern employee turned into a vendor.

So, what we're really looking at, in terms of acquisition costs, is the salary of the new salesman. If history is a guide, he'll be overpaid and under worked.
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