InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,459.10
(
1.11%
)
US TECH 100
18,514.00
(
1.00%
)
Dow Jones
40,589.34
(
1.64%
)
Brent Oil
79.75
(
0.00%
)
Bitcoin
68,447.38
(
0.79%
)
Post# of 1643
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

eagle_2975

Send PM Follow Ignore
Followers 20
Posts 5032
Boards Moderated 1
Alias Born 02/15/2004

eagle_2975

Re: John_Langston post# 1435

Friday, 12/21/2012 6:59:32 PM

Friday, December 21, 2012 6:59:32 PM

Post# of 1643
The accounting errors/fraud occured under the ex-CEO's watch, no? I can put out a bid to buy this company for $1,000 per share - but if I am not credible and the board of directors thinks there's no way I will be able to finance the deal, they will reject it flat. It doesn't mean the value is worth more than $1,000 per share.

These buyout offers are BS. I bought some KITD in the last half hour as a trade, but am already regretting doing so. It appears as though the company will have to file for chapter 11 protection - the question is, will the stock run before that???

If you need to get ahold of me, shoot me an email as I'm no longer a paying member.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

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.

Sign Up