openbox9Premium
join:2004-01-26
japan
kudos:2 | reply to skeechan
Re: Clearwire...noooooooo. said by skeechan:Wrong, they bleed the company dry and then the parasites move on to their next target. It's their money. They want at least some of it back.said by skeechan:Loaning more money to Clearwire without a long term viability plan is pointless, it just puts Clear deeper in debt. Agreed. I assume there's a plan. That's usually what activists come to the table with when pushing a company for action. |
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 skeechanAi OtsukaholicPremium
join:2012-01-26
AA169|170
kudos:2 | It isn't all their money. They just want to control the entire game without paying for it. Meanwhile if they want it back they are free to sell at any time. |
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openbox9Premium
join:2004-01-26
japan
kudos:2 | It's investors' money, whether from holders of equity or debt. What do you mean without paying for it? Of course investors are free to sell at any time. It would most likely be at a loss, which is why you see activist investors trying to steer the company in a better direction. |
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skeechanAi OtsukaholicPremium
join:2012-01-26
AA169|170
kudos:2 | Activist investors don't speak for all investors. |
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openbox9Premium
join:2004-01-26
japan
kudos:2 | I didn't suggest that they do. They do tend to hold large portions of outstanding debt/equity though. |
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skeechanAi OtsukaholicPremium
join:2012-01-26
AA169|170
kudos:2 | And only have short term gains in mind even if it destroys the company. |
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openbox9Premium
join:2004-01-26
japan
kudos:2 | Not always true. |
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skeechanAi OtsukaholicPremium
join:2012-01-26
AA169|170
kudos:2 | Activists like this are not long term investors. They are poachers. |
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