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Re: fc2stockmen post# 13871

Thursday, 03/16/2017 2:59:42 PM

Thursday, March 16, 2017 2:59:42 PM

Post# of 15377
It is clear that the longer term investors have started to accumulate this stock for the roll-out in a week or two. We will see Nexttrip.com come up, we will see the the mobile app, and we will see the announcements from Mark Travel and other OTAs. (again, just my opinion, but that is kind of what Kerby said in the Roth talk on Wednesday).
So, then, who is selling here?
My guess it is a series of traders who may have bought it around $2.50 or so. I guess that is enough money to trade for. But, that isn't my style or interest. If an announcement came and I had traded like that and the stock shot up to $4-5/share, I would feel foolish or that I had left a lot of money on the table. Maybe a trader doesn't think that way. (hey, I made $.45/share on a $2.50/sh base. wow!) I probably won't sell until after the stock goes on the NASDAQ (goal), and then the stock could be anywhere from $6-10/share.
I actually think that eventually, when the ALR inventory is being fully utilized and it includes the time-share stuff, this stock will have a much higher than $100 mil mkt cap. With AirBnb at $30 billion mkt cap, this one should be able to accomplish a $300-400 million mkt cap in a year or two.
Anyway, the current persistence of the bid and the increasing volume are encouraging.
good luck all.