RE:RE:Acquisition AnnouncementRyba975 wrote: So clearly the market at this point assumes the company is incompetent. After announcing an acquisition, which they said they would do that will be part of maintaining the numbers we saw in 2017 and possibly growing them the stock goes down. If this keeps up it looks like the long term play should be to keep buying back stock until there is little to nothing left and then take it private. Those of us left at the end will do very well. Does the market response make any sense to anybody?
The Dow was down 330 pts today, and nearly 500 pts at one point. Everything was down today as a result. I don't think there is any need to read more into it than that.