It is geared to be picked up. Cutting edge technology, zero debt and partnerships with Google and other cash rich industry players. $40 is a steal right now and those who are in the 'know' are aware their window of opportunity to get in cheap won't be around forever. Nothing more to see here, just sit and wait.
Unfortunately needed to free up some dry powder today after my largest holding (SD) got smacked around a bit. I'm out of this with a 70% gain in 2 months. I still think this could very well get bought out, but now at higher than $40. I hope to get back in on a pullback.
I did buy back in a full position the other day at just under $26. Was kicking myself for not waiting for $24 when it fell a couple days ago, but really who can time this perfectly? Saved a couple dollars on the downside anyhow. In this for the run into the $30s at the very least.
And remember, this doesn't even include the income tax implications for the guy!
The income tax on the penalties part could cause for asset sales which could bury him in a very shallow financial grave.
I'm not buying your $40 price target.
This may be the final price of a deal for DG/Fastchannel after they integrate some other revenue players, BUT NOT NOW!
I just don't see enough earnings and real long term growth to warrant this kind of a price not to mention all the SEC investigations and bankruptcy proceedings to put a final beehive over Googles head.