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Alias Born | 09/16/2005 |
Sunday, June 11, 2017 7:16:13 AM
With your thoughts...
I don't think it's a matter of "there is no rush". All business transactions have a need for closure on some timetable, some more expedited than others. The issue here is we simply don't know enough about the details / delays so everything is just a guess. I'm sure there is a sense of urgency to complete this deal. The last Q was in the 8th inning and now there is a long rain delay. The 9th inning will show the next Q and give the answers via disclosures.
The buying was caused by Frack discussions IMO and the selling is caused by either one of 2 things: someone needs their $$$ or changed their views to move on to other stocks IMO. What has me puzzled still is BMAK lurking but we shall see when interest picks up.
I simply don't think the previous efforts of filings and Nevada updates are for no purpose. The shell is clean and looks like a good potential.
The value of this stock again is whatever. It makes no sense to say it's worth anything because no one has a basis for value. The only thing 7 cents did was make our balances look good.
Opportunity knocks and I suspect a day will come when some person will take the 3s and 4s and 5s out of reach for good. Meanwhile the ask slowly decreases. I'm waiting in the wings like a thief in the night for a strike at something. The longer it goes on the more people will lose their grip and sell at any cost - that's when the strike will happen for me.
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