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And they get 2.5 million shares of Aurora in the deal.
PRESIDENTIAL ANNOUNCEMENT: It is now illegal to buy the ask on JNUG
Is today finally the day?
Anyone still holding will be lucky to get 7s tomorrow. I’m thinking low 6s to high 5s by eod.
I imagine they’re probably holding off to see what the feds rate raise schedule is to determine how deep the split needs to be to keep it viable for the next couple of years.
And probably 10 shares by the end of this year
The only thing pushing gold right now is the trade war. One China and Trump have a deal it’ll be back to business as usual.
That’s it. Hit the lid for the day. Gonna close down in the $6 range.
I see this is back down in the crapper again.
Why reload at $6.75 when you can get in at $5.75 next week?
Good to see reality setting back in
PDD is exploding today
This morning looks to be starting out lovely
I expect JNUG to be hovering around $5 by the time October gets here.
Below $7 premarket
How many stop-losses are going to hit when this plunges below the $7 mark?
Use this morning spike to get out while you can
lol, you’ll be lucky if it settles there after the rs
It’s basically in a death spiral
Yeah ok, lol. Last time JNUG went through one it was 1:4 and it immediately tanked like 60% in the couple days after it happened. Worst part was that decline happened during the lockout period so there was no way to sell your stake until half your money had vanished. Not real shareholder positive if you ask me.
Word to the wise, PDD had their first earnings call after their IPO last month. That’s all I’m saying. Back on topic, JNUG should announce the RS after hours tomorrow so people have the 3-day weekend to get over it.
That’s some good looking support at 7.80. Be a shame if someone... DROPPED IT!
Ooof looks like new lows coming. Such a shame that $16-20 rally isn’t happening.
The only catalyst on the horizon is Trump scoring his new NAFTA deal with Canada this week, and that won’t be any good for gold.
If JNUG sees $16-20 next week I’ll cut off my Richard, season it with some paprika, throw it on my smoker for a few hours and feed it to my mother on a bun with sour kraut and mustard.
LOL, you guys crack me up
Oh shucks. It’s going to the 7s isn’t it?
I was a day or so off
Hammer about to drop
Maybe today we’ll see those 6s I’ve been looking for
I can affirm that holding JNUG through a reverse split is disastrous. I lost about 2/3 of my money on JNUG by thinking exactly what you just said.
Will we see 6s today? Or 9s? Maybe both!
Great. Actually doing puts and calls. The way JNUG swings you can profit on both sides.
Damn I love playing options on JNUG
Look out below
At this rate that could happen next week, or even tomorrow, lol. Last time I think it was 4:1 iirc. And you’re right, it was around $5-6 or so when they announced it. Then I believe it climbed steadily until a few days before it happened. I wanna say it hit around $10-12 and tapered off. Post split opened at around $25-30ish and it immediately proceeded to tank to $12-14. It was a blood bath for sure. I held through the whole thing and wanted to quit trading after.
How soon before they announce it?
Hey, congratulations to the lad that bought my $10 strike put options for the 31st on Monday. If I’d have kept em it’d been a 10 bagger by today.
Correct me if I’m wrong, but didn’t they pull a RS the last time this dipped below $10?
So what’s bottom going to be today? 10.90? 10.75?