InvestorsHub Logo
Followers 4
Posts 571
Boards Moderated 0
Alias Born 05/08/2006

Re: Epic post# 1060

Friday, 07/25/2008 9:04:58 AM

Friday, July 25, 2008 9:04:58 AM

Post# of 2460
Notice how this article states, "...as its assets are sold to a yet-to-be-named buyer, confirmed today by several anonymous sources as the UFC ownership group Zuffa LLC."

In other words they are selling off the assets and not buying the company's shares? looks like this stock is toast. Am I wrong? I've seen penny stock companies in the past sell off their assets and then management pockets the money leaving an empty shell for the avg joe shareholder. If management owns controlling interest, there's nothing we can do about it too as far as I know...anybody know what's up here?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.