RE:RE:RE:RE:RE:RE:RE:Aside from share price ... smells right for some bolt-onsThis is the last thing I'll say for a while..
Any time I've heard of investors speak of Knight in the last couple of years, they mentioned that the company has gone nowhere for the last 8 years. Management was over-hyped. Raised too much cash, etc. and they are so glad they sold. All of that has been true or true to some extent.
However...GUD is completely different today than it was in 2014-2019.
At that time, it was cash, a couple of drugs and a PRV and an experienced management team. There was no foundation to build off of, no momentum, no where to put the cash to use in a zero interest rate environment. Today's Knight is a very different beast and yet so many investors are blinded by the past.
A few are starting to see the recent changes as a positive, as I believe they should and building their positions such as Armoyan. The rest will follow suit once it's crystal clear.