Post by
Hich1205 on Aug 26, 2024 8:21am
due for rebound or a takeover
Sold my shares a couple of months ago, but know I'm thinking about bying some. The business is doing well since the last year's debacle, but it seems like the market does not like the stock and don't give it its fair share of performance.
That's the perfect condition for a company to go private or to seek a buyer: company doing well + stock underperforming the market = a blow to the CEO's pride ==> the CEO will seek a transaction ==> some sharelhorders will make $$$ bucks (just some sharelhoders, since a lot have bought the stock at very high levels)
Comment by
equityresearch on Aug 26, 2024 10:19pm
The title seems to hit the nail on the head. The stock is undervalued given its financial performance and growth potential. Wouldn't be surprised if the company gets acquired.
Comment by
deepblue on Sep 03, 2024 3:22pm
Green when the all tech stocks down. Something is up.