01-23-2012, 12:55 PM
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Giggity
Industry Role:
Join Date: Jul 2003
Location: S.E. Asia
Posts: 31,779
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Quote:
Originally Posted by Jesus H Christ
Look at the big picture. A guy with practically unlimited cash, who's snapping up companies with heavy CC processing, has advanced knowledge in massive CC processing, and the advanced knowledge sewing it all together. In short, "most" of the companies he's buying are irrelevant, accept for post established processing (cake) or public (icing) appeal. It's not that hard to figure out where he's going with this.
Although it's fun to speculate as none of us truly know, but if I were a betting man, and I am, I'd buy his stock in a heartbeat if he went public just so I can hedge against it, if possible. Why?
I've been around the block more times then even I care to remember, but also know, those who can't manage or control their simple energy intake, can never go the true distance. It's usually a sign of much greater problems and what I'd be betting against.
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I agree with that. He said in the video he'd have to find a mainstream venture before he could think about going public, and that is probably exactly what he'll do. Who knows, maybe they'll buy Facebook.
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