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MikeyMouse

03/12/10 10:59 AM

#23476 RE: SpaceCityRocks #23472

Wow what a come back to my question. Its obvious when a bad investment is acquiring a company that doesn't exist.

What I'm saying is, if you were the CEO of a company, and you were looking to expand your company's model and services or products, came across a company that shows a positive revenue stream and can prove this through paper statements, then why is buying a company for its revenue bad? Of course there will be certain occasions where the the company is claiming a massive loss and the revenue is irrelevant.

What KET was saying was just outright stupid and doltish. Don't come to this board claiming you can create a technical analysis argument for not buying BEDA, and then your next post says, "yeah buy another company for its revenue because you don't have a revenue."

They do have a revenue stream, its on the financial statements, and why would increasing their revenue through an acquisition be a bad move? I'm sure someone of more intelligence could answer that question, but I'm surly not going to listen to someone like KET. Now KET, go find something on the web that you can copy and paste into this forum, so that you look quick-witted.