InvestorsHub Logo
Followers 116
Posts 35588
Boards Moderated 2
Alias Born 04/19/2012

Re: MaterialMind post# 2209

Tuesday, 07/09/2019 3:01:28 PM

Tuesday, July 09, 2019 3:01:28 PM

Post# of 9444
You can't trade the stock but I can. It would be a problem for me if the stock rallies to 0.20 or 0.30 on no news. What am I supposed to do then? Hold or sell?

This would be a $2 to $3 stock overnight on any of the three potential announcements we discussed. So from that perspective I don't want the stock to go up on no news. We just have to sit tight and wait for an announcement.

The company has to do something. If they do nothing then they will be sitting on a billion $ in cash three years from now.

We'll see how the stock behaves in the next few weeks and months.

---