I hope he is tright. I am staying long and collecting a good dividend while i wait for that to happen.
He never says a company WILL be bought out. It's always "may, might, could be".
No he didn't, go watch the video. He said THEY MAY be "in the cross hairs" of some companies.
Orginal owners and founders family are no longer with the company, but do have stock there. A sell may be possible. I worked there for 40 years. Right now I am on hold.