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Memo to every board of directors: when companies take Cramer’s advice, shares go higher...
Fast forward to this morning. The Financial Times reported that Angie's List had hired investment bankers to explore strategic options.
And at Angiel's List, the fundamentals are in decline. The company has some serious structural problems.
If you were to buy Angie's List, get rid of the pay wall, and make it easy for your billion plus users to access the company's content, then this could be a very attractive acquisition.
For at least two years I've been begging eBay to unlock value by spinning-off its lucrative and fast growing PayPal division as a separate company.