Didn't see that one coming. Trump said the Chinese are great negotiators and it's true . They stole an American company at 17 cents on the dollar.vote trump folks, he has great ideas, very good ideas . The best ones
If GNW not worth anything why are the Chinese buying it. The fact of the matter is shareholders got screwed while the ceo and other executives are riding off in the sunset with golden parachutes. Some people bought this stock in the 20s while the company bragged about a 30 plus book value. 5 bucks is a steal and everyone knows it. Watch what happens when interest rates go up, the Chinese will be laughing all the way to the bank.
Watch the lawsuits, this deal will never pass the smell test. Dollar cost averaging a turd has never been my forte . all I am saying is shareholders should be very upset at this. How much is management getting for being judases