Good luck to you...you do well with Omer and I do much better! Call me a clown if you like but we're on the same team. I'm just the leading scorer:)
But in an interview today says it's still cheap! The dude needs cash and RR bought him out cheap! I have this sneaky feeling that this goes private and those selling now will be #$%$! Yes...I've been drinking?????????
Remember, he still holds approx. 10% of outstanding shares. He sold out completely of AAPL and still called it cheap. What is interesting is that the BOD made a decision to buy back 180 million $ of stock at $21.35 and 500 million of CI stock at $19. I don't think the price matters here because something is about to happen! It's too obvious. CI comments on every position he takes and every sale he makes except one...NUAN. He has never uttered a word from day one. It's especially strange when RR is everything CI hates about CEO overcompensations. If this is heading in the wrong direction, CI would blast it and would have sold out 100%. No...I haven't been drinking, YET🍸
Should I emphasize "presentation". Was it or was it not a presentation, albeit poster. I understand one thing, many here are a bit foolish and protective.
to know RR received $21.35 from us for 1.5 million gifted shares. RR laughs at us when we buy back half a billion $ of CI's shares at $19. Is this criminal? Not on Wall Street!
have a scenario to share. We have a buyer for NUANCE but there have been several hurdles to jump. 1. CI owned nearly 20% of the co with two influential seats...fixed that!!! 2. Too many shares outstanding and now nearly a billion $ less outstanding shares...fixed 3. RR did hold over 4 million shares and now less than 1 million...fixed but at great expense to share price. 4. CI still holds nearly 10% which when sold will double in value. Bartender, may I have another?
reread RR comments from the previous CC. No reason to believe they don't meet or exceed estimates given recurring revenue stream and long term contracts. But..............