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Quantum Corporation Message Board

  • itsallaboutgrowth itsallaboutgrowth Nov 28, 2012 10:41 AM Flag

    Pill

    Hedge funds are in the business of making money by taking advantage of other institutional and fund shareholders who can be forced to sell at low prices as the hedge fund temporarily drives the stock down and takes greater control, then drives the stock up and sells off parts, leaving just a worthless shell. Starboard holds Office Depot (ODP), whose board is trying to adopt a poison pill plan to prevent that, which Starboard obviously doesn't want (wonder why?). Perhaps the Quantum board is blinded by the hype, but does anyone know if other major shareholders are pressing for that before its too late?

 
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