Post by
mingzhu on Oct 04, 2016 10:29am
why i think selling stocks to private firm is bad
If it is too little, say 20%, it make no sense; if it is too much as some sgguest, say 200 m shares, then the private firm literally takes CXR over. Management and shreholders will not agree. I doubt it has such amount of money. I expect the selling is going to fail. I said Market got it wrong and would correct itself. It seems it did today.