If it was my guess, I would think Charlie would be the winner of the actual war while the battle for $1 may be lost now as whatever Charlie has left, he will basically let the blood draining be a casualty of the new owner of
DISH while he will try to get Boost growing and if successful, he would have created a company that makes money using newer technology while letting DISH be someone else's problem but not his. Then DISH might go downhill
and not worth anything when he can buy it back for pennies on the dollar at the end. Never assume just because a company gets bought out, they can't buy it back later. Take a look at Charles Schwab & Company, Inc. and I am
talking about the discount brokerage firm. First Charles Schwab was the largest Banc of America Corporation shareholder so what he does is have BAC buy Charles Schwab & Company, Inc. first in 1983. Then in 1987, Charles Schwab
Corporation buys Charles Schwab & Co., Inc. and then the company IPOs in September 1987. So Charlie may have lost a battle but he might win the war at the end.
I'll even drag Elon Musk into the picture as a example. Remember he said he was selling his shares at $1000, and when he sells, it goes down to $750 (forgot the exact number). If he buys it at $750, and it goes back to $1000, he makes 25% or he could make more if he uses the net proceeds from the $1000 as he would end up with a higher quantity of shares at $750 than he would have if he didn't sell at $1000 and when it goes up, he is even worth more than when he sold at $1000. Never take anything for their face value. I guess anything can change until Charlie officially kicked the bucket himself.
DISH while he will try to get Boost growing and if successful, he would have created a company that makes money using newer technology while letting DISH be someone else's problem but not his. Then DISH might go downhill
and not worth anything when he can buy it back for pennies on the dollar at the end. Never assume just because a company gets bought out, they can't buy it back later. Take a look at Charles Schwab & Company, Inc. and I am
talking about the discount brokerage firm. First Charles Schwab was the largest Banc of America Corporation shareholder so what he does is have BAC buy Charles Schwab & Company, Inc. first in 1983. Then in 1987, Charles Schwab
Corporation buys Charles Schwab & Co., Inc. and then the company IPOs in September 1987. So Charlie may have lost a battle but he might win the war at the end.
I'll even drag Elon Musk into the picture as a example. Remember he said he was selling his shares at $1000, and when he sells, it goes down to $750 (forgot the exact number). If he buys it at $750, and it goes back to $1000, he makes 25% or he could make more if he uses the net proceeds from the $1000 as he would end up with a higher quantity of shares at $750 than he would have if he didn't sell at $1000 and when it goes up, he is even worth more than when he sold at $1000. Never take anything for their face value. I guess anything can change until Charlie officially kicked the bucket himself.
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