Anonymous bidders that are not in contention. If Verizon will pay 8, who cares if a bunch of hedgies came in with low offers of 3 and were ignored.
Is only worth 2B? Thats not serious.
There are multiple bidders, like an auction, the price goes higher not lower near the end.
Yahoo core is not a boondoggle. Its the third largest search engine on earth and has hundreds of millions of users. Compare that to the valuation of Snapchat, a silly app for teens, that has no means to make money and is worth 10B.
Warrens team would be very good at helping unlock value. They are adept and tax free swaps and have the deep pockets to help back any larger deal.
We should be up much more than 15 cents over Thursdays close. It goes to show how hated this company is by some folks on the street.
We will have SOLID news on these bidding details by mid June. We should be over 40 by then.
Yahoo should just swap all the YJ interest to Softbank for more BABA shares.
Then the deal is cleaner. Baba with NO tax. Core with tax but it has 8B cash and is worth 8B for the rest.
They deserve massive losses. Buy puts. Sell calls. Time for this company to be dragged down to 140 target USB has for it.
Making the cars less affordable and increasing the loss on each one.
Its time to punish this man for hysterical exaggeration and endless losses.
Add on the fact a secondary and dilution is coming SOON.
Stock needs to drop to $180
2020, 1 million vehicles?
They can barely produce 80K. Losing 19K per car
They grow production at 20% per year. 80K cars this year, 100K next. But to say 500K by 2018? Its not serious. Its utterly dishonest on Musks part. More lies from the leader of the carnival.
The banks will not lend these losers anymore money. Interest expense is gigantic and growing.
Word is they need to spend 15B in order to build out whats needed to meet this nonsense target in 2018.
Where will they get the 15B? Massive dilution and the shares will take a 20% cut.
Yet they say by 2018 they will make 125K cars a quarter. Then they can lose 18 bucks a share!
Margins suck, constant losses, production lags and delays. Every earnings is a massive deflation of hype and nonsense.
I bet if he was asked during the CC when they will be non-GAAP profitable, he will now say 2022.