Jan. 29 at 12:12 AM
$JOB Why this does NOT create the miracle upside people hope for
Retail reads this and thinks:
“Buyout!
$1–
$2 stock incoming!”
Reality check:
• Any merger here would be stock-for-stock
• At a distressed valuation
• With heavy dilution
• Possibly reverse-split later
• Or assets carved up at a discount
This is not:
“
$0.20 to
$2 overnight”
This is:
0.20 to maybe
$0.40–
$0.60 if something happens”
And that’s if.