InvestorsHub Logo
Followers 3
Posts 683
Boards Moderated 0
Alias Born 08/26/2014

Re: rickn23 post# 32572

Friday, 05/05/2017 12:04:59 PM

Friday, May 05, 2017 12:04:59 PM

Post# of 34405
The proposed merger certainly looks real. But then again, this is the Internet, where anything could be faked. However, such a merger is very typical of one of the eventual outcomes of these failed companies. The bottom line at the end of the day is that the shares become worthless. Anyone in this stock has most likely already written their investment off. Thus they have nothing to lose by waiting. They must be waiting for a stock price rise. When the price rise dries up I then look for selling from the remainder of the shareholders. So, this could be the beginning of the deathblow to the stock. Good luck.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.