...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!

Free
Message: 47 Taken out by Gilead for $4.9 billion

>> No one is interested until someone is interested and then everyone is interested.

And here's another variation from a discussion I had with a BoD member of another company (at AGM). Not a direct parallel with our current situation, but....

Question was: why won't anybody take a jump at the company when it was so undervalued? And his response was to observe that they got more expressions of interest (including an informal offer they rejected) when the sp was higher than when it was undervalued, etc.  So I inferred from that something along the line that companies can be stupid like consumers as well, thinking that a higher price means more value, than a lower price (must be something wrong).  And that a higher price can in some instances attract interest more than a lower price...

Related to that was ok, then what about fighting to improve the sp, you know, for us long term suffering longs?  And his response was,  look, there are a lot of fast money traders who also want to make a quick buck, and why should we help them (ie. reward them) exit?   We want to reward long term holders, etc..  Then I'm thinking, ok, I get that....only how long term is long term?

 

Share
New Message
Please login to post a reply