People here should pool some money together and buy a bankrupt cable/internet/wireless company. People here are always talking about how companies should run their business and think they could do better...
Buy in amount would be something like 100k. Bring 500k and you get a corner office and the nearest parking space. If you can only bring 50 grand to the table, you can be in charge of supervising the call centers in India and you have to provide your own airfare and lodging when you get there.
People here should pool some money together and buy a bankrupt cable/internet/wireless company.
I would but my Octopus is in the 'shop' and when the bill comes think I will need all my pennies for the bill. Plus, we'd just spent all our days buying up other small providers and ignoring our existing customer base like Charter did. Where is the investment return in that?
reply to ninjatutle The stock is currently trading for $.03 which makes the market cap for the company is $12.43 million. For $500k you could own 4% of the common stock. However creditors, bondholders and the bankruptcy court technically own the bankrupt company.
Plus, we'd just spent all our days buying up other small providers and ignoring our existing customer base like Charter did. Where is the investment return in that? 