ST Alpha - "For what?" (Reading a Post)

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For what?

Posted by Kill Hunting (aka Joemetz) Oct 15 '14, 19:12

From all I have seen, Hastings has repeatedly said the prices have been...frothy. Could you really sue if the CEO is saying the valuation is crazy and guidance is ... Not crazy? They were saying 1.3m new folk and only got 1mil... Is that basis?

I ain't sure of on what grounds you'd have when the main guy is like ... Uhhhhh, really?

Responses:

made me look - so they exceeded eps estimates but not revenue. what likely creamed them was missing their subscriber forecasts both - b. Oct 15, 19:22
Because there is always a class action filed when there is a big dip. Then the class lawyers basically greenmail the company into settling. n m - ralph wiggum Oct 15, 19:15 9
- So it's a relatively useless claim that's easier to pay to go away? -- nm - Kill Hunting Oct 15, 19:17
- greenmail? -- nm - David, "The Concise One" Oct 15, 19:16 7
  - You're not expecting some poison pill to be running around the building, am I right? -- nm - prayformojo Oct 15, 19:21
  - "we control all these shares! do what we say or we'll do annoying things!" -- nm - mafic Oct 15, 19:21
  - Actually, that's technically not the right term for this. Greenmail when an aggressor buys a big block in a target company and then basically forces - ralph wiggum Oct 15, 19:20 3
    - but same principle, really. -- nm - mafic Oct 15, 19:22
    - (But it's analogous in that it's forcing a company to pay $ to make an annoying pest go away.) nm - ralph wiggum Oct 15, 19:22 1
      - I wonder how much money is spent on all of these kinds of folks - this stuff, various trolls. -- nm - b. Oct 15, 19:25
  - I hadn't heard it before, but I love this term. -- nm - ty97 Oct 15, 19:18

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For what?

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