This is my last post for the day so thought I would give you guys an example of a company that simply emerged from bankruptcy. Nothing more nothing less. On 3 November 2016 it ran from .009 to .60 in 1 day.
Few notes of differences between $SA_RAQ and $BIOAQ
$SA_RAQ had -Far smaller share structure -Very little revs -Virtually no potential in comparison -Far smaller amount of shorts in days prior -Far less revenue potential -Far less assets -No buyers interested
Add a winning bid of $110-$175 mil or more -Far more assets -Way more revenues -Mandated purchase with substantial buyer interest in a rapidly emerging market -A larger share structure -Add about 5-6 mil naked shorts
You can imagine what will happen come Tuesday if commons remain intact
Trade OTC's with charts, INVEST in big board stocks on fundamentals. Don't confuse the two!
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