I'll counter that I think they see a lot of long term value with the market having hemorrhaged a lot and that the PE firm is likely sitting on a lot of cash wit

I'll counter that I think they see a lot of long term value with the market having hemorrhaged a lot and that the PE firm is likely sitting on a lot of cash with very few good options in the asset marketplace. If I had money to buy a company that was putting up good numbers right now with growth oppt that would be a fantastic place to park cash.