InvestorsHub Logo
Followers 218
Posts 9811
Boards Moderated 1
Alias Born 10/20/2008

Re: oneinamillion post# 106788

Friday, 03/27/2009 9:57:55 PM

Friday, March 27, 2009 9:57:55 PM

Post# of 192567
Buying on what multiple?

Besides projected sales and P/E's, how could one company "looking to be bought", even in a drunken stupor think that a potential suitor buy them at more than 5 times the multiple?

Do the math and we are fortunate to see .09-.135 cents per share.

I'm out.

By the way, 30 hours in Vegas, just returned, and up 1300 from 200.

Not all luck. Math helps.