Originally Posted by
Baa_Baa
Few here would be happy to admit that SKY is an absolute pig dog of stock, a pariah vilified by the market for years, that has smashed untold shareholder wealth that it's vomit inducing. The SP chart tells you the story and so far it's not going too well is it. Sure, it's tradable for a few pennies and % either way, but not for serious investors.
It stands to reason that SKY really do have to put some serious runs on the board before serious investors (not speculators) will give it the time of day. Many have be seriously burned by SKY. The market has a long memory. Only a comprehensive turnaround in business metrics and sustained performance will lure back the serious investor money. Hoping for a buyout is not an investor strategy, it is a 'hope' for a quick (relatively) speculative upside return. Hope is a poor strategy.
Just saying. Good luck to the speculators, but don't expect to be bailed out by serious money piling in, including a buyout, until SKY reverse the loss of customers and show a sustainable return to obscene revenues and profits. It's really that simple, to say, maybe not so simple to do.