Reply to post: "Now, with activist investors in control"

Imation flogs off IronKey to Kingston

Crazy Operations Guy

"Now, with activist investors in control"

Well, there goes the company...

My experience with 'activist investors' is that they are just re-branded 80's Wall Street assholes. They buy up the stock of a struggling company, go in and start scrapping anything without immediate value, then sell all their stock once the company reaches a specific price. They leave behind countless companies that are now on the verge of collapse, but what do they care? They have their sacks of money and another company in their sites, just waiting to ruin that one as well.

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