Wednesday, May 18, 2011 11:41:32 AM
Actually, there needs to be a qualifier to this statement.
There is a thriving market to private companies with viable operations. There is no thriving market in trading failed pink sheet companies. going private would be taking a non-reporting pink sheet failure out of the public trade domain. In being private, there is a smaller base of investors to begin with and those that trade this less liquid market are more astute than those who trade...failed pinkies.
if nobody is buying this public company as a seen value, what makes you think it will come in private?
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