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aleajactaest

07/02/15 7:19 PM

#242769 RE: cartoon #242767

good point re buyout but the price would likely be fire sale level.

there's no good outcome except a quick sale or two. and the way the price is moving seems i'm not the only one needs persuading it might happen.

mymoneybgone

07/02/15 8:46 PM

#242772 RE: cartoon #242767

Merger or sale? Cartoon why would another company want to merge/buy wave? There DD would be based on how wave has performed in the market. There is a disconnect between what the market is telling us and what passes for DD that is discussed. Right now it's no question the market is rejecting what they have for offerings. If it's the financial state of the company that is causing the reluctance for commitment, I would say this has been a problem for years- so why hasn't this happened prior?

Fact is that the PR they put out was window dressing to calm the shareholders. The company is probably in the worst position it's been in since I have been around in 16 years.