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Re: itk331 post# 95292

Tuesday, 03/19/2019 5:15:33 PM

Tuesday, March 19, 2019 5:15:33 PM

Post# of 108192
Could ADXS pull off a BPTH?

It would look something like this. Do a 1:25 R/S to get share count down to 2.5 million. Stock is trading at $10-11 or so.

Release some decent news along with I bank pump at end of March. Stock rises to $20. Sell 20m shares at $15. Cash concerns are now gone for a year. end of BK risk means stock continues to trade at $15, with 22.5 million shares, for a not unreasonable market cap of $336 million.

Previous shareholders see their post R/S shares go from $10-11 to $15 on removal of bankruptcy risk.

You have to ask yourself, "Do I feel lucky?" Well, do you short punk?

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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