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Re: SonicTrader post# 3943

Friday, 02/26/2010 11:48:48 AM

Friday, February 26, 2010 11:48:48 AM

Post# of 119177
No it’s not ok with me to accept a company going bankrupt, however, it is not uncommon for a company to leverage themselves out to purchase capital assets such as another company (private or not) with the intention to enhance the operations with the ultimate goal to improve profitability, that ok in my book.

You continue to imply that Humphries is buying private companies to divert shareholders equity for his personal gain. Am I correct with this assumption? If not, what the problem? Please explain your point more clearly.