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Thursday, April 26, 2018 7:25:40 PM
First, I agree Joe's plays have a fantastic track record.
Second, I do not own nor plan to own LRDR. I am not saying anything on Joe's shells board.
However, have you looked this way that the Judge said NICE to LRDR. By hijacking a shell, Joe created a business entity with a market cap of $91M. That is really amazing.
What gives a shell its value eventually comes to the company mergers in. A small company usually picks low floaters like QEBR (which it RS really hurts whoever brought in last a few days), ambitious company gets the shell with large floating in order to get liquidity. I have no doubt it is going to be a nice company merger into LRDR, however, with current market cap, the upside room is small. But for OWVI, if it reaches as high as LRDR now, a lot of people here will be very happy.
LRDR had too extended its AS to 8B because its previous OS almost maxed out. However, the free trading shares are very limited. Very few retailers like us got in before 1c. However, OWVI we have a lot of opportunities here. I like to see lots people to make money not just few!
The deviation of share price from its actual value makes a speculation play.
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