Post by
Gashole1 on Sep 18, 2016 10:44am
Most on this board
Are full of poop. You cannot beleive what anyone says. My $5 target is coming ever closer. At that point someone will bid $15 and take it over. its getting to be a no brainer to buy at these levels. The shares are becoming the smallest part of the purchase for a potential bidder the lower they go. But those of you hoping for a $25 US bid are out to lunch, same people that hoped for a $75 bid a few months back. Its emotional when you hold the shares. Someone will buy this. Wait and see. Those who bought this at $25 plus are gong to lose money.
Comment by
patenright11 on Sep 18, 2016 11:12am
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Comment by
patenright11 on Sep 18, 2016 11:17am
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Comment by
Craigbad on Sep 18, 2016 11:18am
A 6.4 ebitda multiple is more than fair for a company with declining sales, unproven track record, multiple lawsuits and regulatory headwinds. By the way , that would only cover the debt, 0 for shareholders. Any other litlle slip would drive the debt to ebitda multiple HIGHER and debtholders would get scraps. Thats why the debt is tanking, its forward looking.
Comment by
patenright11 on Sep 18, 2016 11:27am
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