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Knowledge is King

08/24/12 3:14 PM

#7353 RE: budge #7352

Uh oh, you believe in "fairy tales" too..LOL
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Rawnoc

08/24/12 3:21 PM

#7355 RE: budge #7352

If it was plausible it would be done all the time. It's never done.

It would be one thing if a company's value was subjective. It's another when the overwhelming majority of the company's net assets is cold hard cash. The notion that one can buy say $100 million in cash for $7 million is a joke.

There's going to be say, just for simplicity, $100 million sitting there in a bank, and you think there's any scenario whatsoever where some goof ball can say "I'm buying the $100 million in cash for $7 million and I'm the majority shareholder so there's nothing you can do about it nanny nanny poo poo"

Yeah okay.
Sure.
Right.