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Re: di4 post# 44988

Friday, 11/17/2017 10:26:49 AM

Friday, November 17, 2017 10:26:49 AM

Post# of 52837
It's hard to say, because today's price is mostly based on the chance that there is going to be a settlement with a windfall from over $150 million. The float is small and those who are holding are not willing to sell. cheap as you can see by how fast the SP moves on buys. Also after each stay in the settlement the price stayed mostly level.
If the settlement takes place this will be cheap. You could expect to see prices well above $1,- No one knows for sure how high it will go, because we don't have any details on the settlement.
Also it could happen next week, bust it can also happen next year at the latest...of course, IF there is a settlement. It can also come to a final appeal in court. Which might generate more money.
But there also is a very small (as it seems) chance that they would not win in court. As could it be that the settlement doesn't bring what we expect at all.

If you don't own any GERS shares this still is a nice level to buy at. However, those who own GERS for a little longer, mostly bought in between 0.001 and 0.003, and aren't willing to buy much more at these levels.

I really can't say what it's worth, because it's all depending on what you are willing to spend for this lottery ticket with a huge chance of winning.