Didn’t it feel like a manipulation when the board published that shitty guidance for 2026 dropping the prices, while it seems they were already preparing an offer to buy out? The stock was at 15,5$ and going up before the guidance, and after, the price dropped to 13.8$. Now they want to offer 16-17$ (25% premium according to them) but it’s more like a 5-10% on the price it was before the publication of the guidance. Why did they publish that shit if they were also looking for external buyers anyway? It feels to me they did it to ensure themselves a good price. What do you think?
I think Moshe is working behind the scenes to lock-up key people via sweetheart deals that would make an outside bid untenable. At these levels, I think the risk/return is still attractive, but it's terrible incentives to think anything close to rightful 'shareholder value' will be returned.
Didn’t it feel like a manipulation when the board published that shitty guidance for 2026 dropping the prices, while it seems they were already preparing an offer to buy out? The stock was at 15,5$ and going up before the guidance, and after, the price dropped to 13.8$. Now they want to offer 16-17$ (25% premium according to them) but it’s more like a 5-10% on the price it was before the publication of the guidance. Why did they publish that shit if they were also looking for external buyers anyway? It feels to me they did it to ensure themselves a good price. What do you think?
I think they are trying to steal the company.
I think Moshe is working behind the scenes to lock-up key people via sweetheart deals that would make an outside bid untenable. At these levels, I think the risk/return is still attractive, but it's terrible incentives to think anything close to rightful 'shareholder value' will be returned.