InvestorsHub Logo
Followers 12
Posts 1032
Boards Moderated 0
Alias Born 10/04/2019

Re: None

Wednesday, 12/11/2019 11:36:30 AM

Wednesday, December 11, 2019 11:36:30 AM

Post# of 20806
We need a reason to run, we need news or at least someone does. Public news is what we are all waiting on. Inside news, something not so public is what I have been searching the web for. Bottom line someone somewhere knows exactly what is up with this ticker. The question is are they buying or selling.

As far as my research goes, not so public or indirect news, CLSI is worth much more than what it was trading for at the beginning of the summer. Without a doubt this is a marketable, valuable ticker, a candidate for a reverse merger. currently off the market but available if this all falls through.

As we all hope, expected public news in the form of SEC filings or public announcements will skyrocket our value up to the value of the new company. There is nothing I can do to expedite this anticipated public news. We are all waiting. Capitulation.

I can do web searches, look for clues, try to determine trading patterns, speculate on what the markets are doing and why. Average volume of 1.4 million shares. Is it all just us, all volume from a hand full of traders. Are we adding to our positions as others get out?

No doubt that CLSI is a great shell for a new company. No doubt that the cannabis industry is growing and acquiring shells. Huge coincidence that we are running on news of a reverse merger in that market and a great deal of DD and specifics on that possibility.

Time. It all boils down to how much time. Things can move to fast and also to slow. Where are we and are we on track for a new company that acquired the shell, removal of stop sign, filing all relevant SEC reports, taxes.

How does end of calendar year affect this? The holiday season? Christmas? What would prevent events to happen in a timely manner? What is timely?

Holding long as I search for answers.