InvestorsHub Logo
Followers 39
Posts 2158
Boards Moderated 0
Alias Born 10/31/2006

Re: Kramrer post# 61318

Friday, 03/06/2009 7:17:39 PM

Friday, March 06, 2009 7:17:39 PM

Post# of 118239
With all due respect kramrer, in this particular environment there are almost NO mergers happening at all. I just don't think that a cash/shell merger partner will see enough income
stream off IWS to make it an attractive acquisition. Merging with IWS would make for a very risky capital proposition IMO.
They have not shown an ability to generate any income since
they became part of RCC.

Who knows what their debt structure might be when all the skeletons come out of the closet in DD.

You could buy all the shares of General Motors for $885 million even though they are asking for $16B from the Feds. There are no interested parties for it even though they have products
which are selling daily and hold substantial assets. Looks to be going BK according to most.

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.