Post by
PLD1 on Sep 15, 2021 11:05am
New Acquisition
Do you think that the market really doesn't like the the Insurance platform acquisition. It seems like it will be acretiive to earnings especially after it is integrated into their system. Or, do you think that this is just a normal healthy pullback for a stock that had shot up so dramatically. A lot of people have already made a lot of money and maybe sold to lock in profits before buying back the next wave?
Comment by
Nakate on Sep 15, 2021 11:34am
Ithink the market had already decided what it was going to do and nothing could change that except maybe a buy out which could happen at anytime
Comment by
PLD1 on Sep 15, 2021 12:22pm
Hopefully Peak doesn't get bought out any time soon. It has lots and lots of growing to do yet.
Comment by
Tuco110 on Sep 15, 2021 1:38pm
I think a lot of this selling has to do with the weak economic #s coming out of China and anything China related is getting hammered.
Comment by
PLD1 on Sep 15, 2021 4:59pm
Another reason why Peaks acquisition of Cubeler and its upcoming expansion into North Amarica is very key. Financially it should be a bonanza and it helps to get rid of any percieved China risk.