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Re: Blane post# 1937

Tuesday, 08/18/2015 12:44:33 PM

Tuesday, August 18, 2015 12:44:33 PM

Post# of 2204
With no news, from a short-term perspective, the ipo of 9.21 + 1/3 immediately redeemable warrant at $5.50 yields
3 x 9.21 + 5.5 = $33.13/4 = $8.28 average cost/share.
So until news the share price may settle at around 5 to 10 % above $8.28 (short term profit point).
Strictly imo.
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