1.7 Trillion Reasons Why...
At last count, private equity firms were sitting on $1.7 trillion in cash they could put towards buying out promising companies. Their stock prices could soar overnight. Negotiating these deals is a long and arduous process. It also has to be done in secrecy to avoid running afoul of SEC rules. Zach Scheidt reveals “a special indicator” he uses “that typically signifies some kind of deal is being negotiated.” Over the past few weeks, Mr. Scheidt’s indicator has yielded gains of 521%… 851%… and 1,390%…