05-23-2013, 03:26 PM
'petrengr1' pid='22860' datel Wrote:Again, my comments are not about what the company is worth but what the company can be bought for. If someone offered $150/share today with the share price at $90/share, I believe more than 50% of the shareholders would accept, especially if it includes Chandler. He is not buying more shares at $90/share in order to make a profit but to have a better chance of being on the winning side when it comes to a vote. Just my opinion.
I find it difficult to understand why anyone would want to purchase a stock, at any price, if not to make a profit. If he doesn't wish to make a profit with his money, why not just donate it? I'll be happy to partake of his generosity.