iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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Piece of Shit Cyber-Security Company, $FEYE, Said it Rejected Two Takeover Bids: Morons Bid Up Shares

How can anyone buy this stock on this bullshit? The company was, obviously, rejected by Symantec–who opted to get ripped off by Bain Capital instead.

The stock is down in the 80% range and has hired the sociopaths from Morgan Stanley to help sell them to anyone who is stupid enough to buy them. So, in order to get the juices flowing again, they leak this moronic statement.

FireEye Inc. rebuffed takeover proposals from multiple parties earlier this year after hiring Morgan Stanley to field interest, according to people with knowledge of the matter.

The cyber-security company turned down at least two suitors that made offers below its expectations of $30 or more per share, the people said, asking not to be identified because the discussions were private.

What does that mean, ‘below its expectations of $30 or more’? I could’ve bid $3 for the company and have been included in this pump press release.

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