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Re: Chenteddybear post# 5181

Wednesday, 08/28/2019 4:23:52 PM

Wednesday, August 28, 2019 4:23:52 PM

Post# of 18345
So they have 50 million investment happening next month at $5 per share? I'm guessing they need to spend that 50m on the open market to get the share price up to $5 Can you imagine those shakes? If we are holding 100k shares at $4 and they drop the price to $2.5 or $3 we are all selling our shares to them as they lock up the float and bring it to $5+ with no shares for us.

This one is going to be tough for us to keep a hold of no matter what we believe. I just cannot imagine loosing $100 or more a day as the market makers make sure shares are available for their large investors as they shake us out. If they are getting a private placement at $5 there must be lots of room for growth. $5 a share is still just under a billion market cap. I'm going to guess they have some tricks up their sleeves to value this way higher. IMO..

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