Post by
Maxmoe on Jan 20, 2021 1:33pm
Such mystery!
I hope the buyer is not my buddies Eric nuttal or Rafi tahmazian. Or some other private equity investor . They don't have the deep pockets I'm counting on to close the deal. Anyone want to lend me 100 mill? I'll buy the other 400 million shares at 25. I can pay you back with the cash in the bank after I refinance the debt.
Comment by
Maxmoe on Jan 20, 2021 2:34pm
I've quoted the old adage at least a dozen times but why not one more time. People sell for many reasons and we rarely learn them all. People buy for only one reason. To make money. Aka greed. So, assuming a trade of 100,000,000 shares involves two well informed people, and one of the is wrong, who you gonna pick? I picking the loser is the gigantic Norwegian people's oil company.