Me too my friend. My guess is the 3 Chinese CEO’s merging had an issue w/ the percentage of ownership they were giving away to the US investors. Based on my DD, these are very valuable, revenue generating companies. Therefore they demanded this R/S.
That being said, we can still make a killing here. IMO this is confirmation that these R/M’s are indeed taking place. There would be no reason to change the S/S of this deal wasn’t imminent.
We just need to hold tight and see what the revs are on these merging companies. If my DD checks out, this thing will still go parabolic, it just going to be moving dollars at a time and not pennies.
The recent increased bid support shows that I am not the only one that feels that way.
I haven’t sold a share and I still believe in what is taking place here.