If Vonage Was Built To Sell, Where Are The Buyers?
If Garrett Smith is right, that Vonage was built to be sold, then where are the buyers? I mean, other than Moshe Maeir’s offer to buy Vonage for $3.22 a share. Clearly they had higher hopes for their stock, but the market is not buying their story. Of course, I question Garrett’s assertion that Jeffery Citron made out like a bandit while the stock is continuing to approach penny stock status. Then again, I didn’t do the research to confirm or deny it.
If Vonage doesn’t take Moshe’s offer, which expires in a couple of days, I don’t know if they’re going to be around for much longer. Then again, I’m surprised they’ve been around as long as they have.