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Millennial Media Inc. (MM) Message Board

  • leehab22 leehab22 Aug 13, 2013 6:21 PM Flag

    OK , How Stupid Can A CEO Get ?

    Apparently a lot . I was watching the stock to see what the numbers look like and is the earning solid and investable considering impressive FB mobile earning . Then I see the company buying Jumptap known as Excite , a broken company no one wanted and has been reporting losses after losses for as long as you can remember . So was the CEO that stupid to pay such a high price for a company not worth more than 7 mil .

    I believe the company rushed to buy this company to include it in today's CC to fool the investors otherwise the CEO had nothing to say in today's CC . No wonder management team were busy selling stocks .
    When the only growth is achievable through acquisition only, then the end is near . Glad I waited

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