Nasdaq up over 3% while otex is down 1%
Once we miss earnings April 29, the stock is going to 15
8 replies (most recent on top)
The stock is going back to where it was in July 2015.
@dv At $15, a PE company like Rocket Software won’t just buy another business unit, they buy the whole carcass, strip out the remaining high-margin cloud contracts, and sunset the rest.
Once they offload SMBC and other Non-core business units they will prime themselves to be acquired. By selling off Non-core this will allow the share price to drop to $15
@dn idk - I'd argue lower stock means a better deal for the buyer. Because they can use the low stock as leverage. As long as the potential post acquisition has promise.
Is it ideal? No. Better stock should mean better price/more favorable deal to OT. But I can see each having a side effect.
#dk stop with the AI slop. They don't want the stock price to fall
In looking to get a private equity buyer, the stock going to a 52 week low is actually part of the gut phase. A depressed stock price makes it cheaper for a PE firm to take us private. By letting the House of Cards fall publicly now, we lower the premium they have to pay to the board to buy us in June.
It looks like the market is finally realizing that the AI innovation is being traded for commissions and operational efficiency. If the New Model in July doesn't show immediate growth, $21 might just be a stop on the way down.
Just wait until annual dividend increases can no longer be supported. Then it will be single digits.
Garbage fu--ing company