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Technology Stocks : Softbank Group Corp
SFTBY 43.200.0%Nov 22 5:20 PM ESTNews

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To: Glenn Petersen who wrote (5736)10/24/2017 2:32:03 PM
From: Jurgis Bekepuris  Read Replies (1) of 5748
 
Yeah, I think SoftBank is overpaying for a bunch of companies it invests into. However, now they are overpaying with OPM. That's a bit better for SoftBank short term, but long term having your funds do poorly since you overpaid does not make a good outcome.

Everyone's expecting SoftBank and Masa to do yet another AliBaba multibagger. With current valuations, I am skeptical.

Disclosure: I have a tiny SFTBY position that I am tempted to sell, but keep for tracking/info purposes.
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