- Waterous fund owns 90% (approx.) of the previously private company.
- They, more than anyone, know what it's worth and the potential they are sitting on (never had to disclose full numbers before).
- Stock price is one thing but what the company is worth is a completely different thing.
So... would letting the stock price go down; short term; (by just sitting there) possibly benefit someone, anyone? Fund or a friend of the fund? Just saying, ya know... (yes, i know, crazy speculations).
Here's my train of thought,
- They know it's worth
a lot more.
- Who cares if stock price goes down short term.
-
If that thing goes undevalued to an insane level, so be it.. but if so, whatch that thing shoot up after the next (
planned and discussed) all shares acqusition where big fish will enter. Would someone entering at these levels make a fortune?
As said before, this is no longer a short term play, and believe me, they won't loose face on this one. They, (before us, old Pipe owners) have a lot more to loose than us. Someone who's impressively good at strategies is in no hurry and preparing the deck of cards before joining the game.