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brooklyn13

04/09/21 10:09 AM

#230415 RE: WBCTrader #230414

It doesn't actually work that way. In most cases, the acquired company experiences a stock price bump and the buyer a loss.

In this case, SFT acquired a basically worthless company. I'm guessing this is the new sales team, the acquired company will be disbanded, and the graphic design intern employee turned into a vendor.

So, what we're really looking at, in terms of acquisition costs, is the salary of the new salesman. If history is a guide, he'll be overpaid and under worked.

moneym8ker

04/09/21 11:38 AM

#230419 RE: WBCTrader #230414

Yeah WBC... I think most people know it was an effort to pump the share price...probably ahead of another share offering.

Those questions were mostly rhetorical questions I’d ask management if I cared enough to even call Mark and spend 20-30 minutes getting lied to.