RE:RE:Thursday nightAgreed on all points. I was just as excited to see the turnaround by fire in recent Q’s under new mgmt. Also knew it would be a good m&a target going forward as industry continues to consolidate.
Fire wasn’t the only company raising funds during market rise in Feb as many companies were capitalizing on the moment as they look to expand. Opt makes a solid point.
The way some of these posts read post merger announcement, even if fire got .60 for deal I dont think that would of been enough for the ‘longs’ or ‘concerned’ posts of your investments. Pretty normal when buyouts happens these boards are quick to fill with negative posts.
If you’re sore because your average is high you had many a chance to average down when fire was sub .10 not long ago. Cost would of been minimal to slowly add if on a budget. It’s the nature of the industry as it evolves and consolidates. Jmo