Post by
cpac on Sep 16, 2020 9:59am
Starting to wonder if this is in fact prelude to a BUYOUT...
I have seen this before where a stock runs up and then a buyout is announced at a hefty premium to the new higher levels... always figured it was done so that the acquirer could save face... If they offer $8 a share when the stock is trading at $4, the market can understand that, but if they were to make that same offer when we were trading at $2, the acquiring company's shareholders would be angry that they'd overpaid... I'll try to remember what the past examples of this were...
CPAC
Comment by
Mastermind28 on Sep 16, 2020 10:42am
GoLongTerm - you took words out of my mouth. I agree. I would hate to see this get bought out and I'm sure founders won't allow this. They know this platform is going to change the ad space so 8$ is nothing. We are all in this to make big money!
Comment by
cpac on Sep 16, 2020 10:56am
GLT, I agree with you 100%. Acuity's potential is HUGE and it would be a shame to sell this company for less than $1B market cap... I was just saying I have seen a similar price activity before that led to a buyout offer... Cheers, CPAC
Comment by
GoLongTerm on Sep 16, 2020 11:08am
CPAC, I hope you didn't take my comments as being directed at you. I believe you make a very legitimate point that buyout offers may be coming as we speak. I know that all of us long on AT agree that this company can become another TTD or Shopify. BTW, I always enjoy your insight. GLTA
Comment by
kentucky77 on Sep 16, 2020 11:18am
Considering the disruptive technology, concentration of ownership with the founders and relatively limited share float it would need to be a strong buyout offer... it potentially could attract a bidding war. Licencing and royalties?
Comment by
5rockies on Sep 16, 2020 11:42am
or forming the start of downtrend ... kidding ... but would not be surprised to see the stock back at $1.50 - $1.75.
Comment by
Stocker1973 on Sep 16, 2020 1:28pm
Dont worry a lot. Its a preparation for a strong rebound.