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igotthemojo

04/02/24 11:09 AM

#56022 RE: scubastevemd #56021

The pps would have to reach at least $10 before the company could attract a buyout price of $14….

And if the pps were to rebound to $10 that would mean their prospects had greatly improved…so why sell the company at that point?…

Companies are sold for decent money when they are doing well and a much larger company wants what they have and can expand them bigger and faster…

Companies that get sold while struggling, are sold at bargain basement prices…

And the ceo will always strike a deal where he is well compensated…usually by becoming a overpriced consultant for the buying company for 3 or 5 year contract where he is expected to sit around, look pretty and not get in the way…

Money for nothing and the chicks for free…

B_B!

04/02/24 2:14 PM

#56025 RE: scubastevemd #56021

I still want to sell my shares for $50 this year.