Lots of unverified/ speculative chatter on the web about a 2nd mysterious bidder willing to offer 70 dollars per share which is the boards starting negotiation price and which Stripe Advent were unable to offer. Is it true and who could it be that has the deep pockets? My wild guess is Watsapp/Meta or Twitter/Musk as both want to move out of pure advertising revenue and have the deep pockets.
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@cw i think the stock is actually undervalued. Wall street has zero faith though in the turnaround. Same clowns who let it deteroriate in the first place are spearheading the turnaround. Reactive instead of proactive. I think 40-55 range for next year unless management shows insane progress.
There are no bidders and this company is way overvalued right now now. The stock will go into the $30’s
So much copium from OP
Nobody is buying this trash. It just gets cheaper everyday and still nobody buys it. The BOD’s and senior leadership team are a joke.
lol get real. There is nobody bidding and the stock is going back to low $40’s 📉
@OP where did u see this?