$NQ SR’s simple take on the FL Mobile deal

No need to run numbers that don’t exist or write vague statements about unlocking value that can’t be measured.  The market isn’t that complicated and any deal you can’t measure, you should avoid.

SR’s simple take on this FL Mobile deal consists of only one idea.

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As for the rest of the Earnings and the now delayed buyback… well, do they matter?  They might have had management not concocted this strange ‘paper’ FL Mobile deal.

SR looks forward to Omar and Matt explaining how this benefits any shareholder, other than insiders, with precise valuations and simple math.

ew

 

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