One would have thought that a 90% loss in value and the crushing weight of $30 billion of debt would have taught you a lesson that Warren Buffett and Jim Chanos have been trying to teach you.
Given your moniker, we know what you think with. You should use your head instead. Also, why would he take a $28 company private for $40 when he paid an average of $180? If you're looking for plentiful prospective bagholders to transfer some of your losses to, you want a public market rather than a private one.
Absurd. We know what Papa is going to say before he says it. He's financially interested and thus not credible to provide a disinterested opinion.
Sounds like you're smelling your own breath, LOL! Ackhole suffered a nearly 10% loss in his HLF dog investment while suffering a 13% loss on his VRX other dog investment. Sounds like you've got hs defcon up you too, LOL!
Less nefarious reasons could be profit taking (it's up from less than $26 per share in February) or the phenomenon of buy the "rumor" sell the news.
Because you'd really be paying $41 billion, when accounting for assumption of $31 billion of debt.
That's hilarious. The price has plunged from $263 a few months ago to $26 and many shorts have made profits of over $200 per share. You think that Ackjerk is going to "squeeze" these same shorts for what, $10 per share?! There's no squeeze in the world that's going to recover from shorts. IN any case, most shorts have realized their $200 per share profits by covering and are vacationing in Tahiti. Only 4% of shares outstanding are short, so there is NOT going to be any short-covering rally. Only accelerating revenues and earnings, and a massive infusion of capital to help pay off the crushing $31 billion of debt will reverse the fortunes of this pathetic company.