Tuesday, December 17, 2019 9:08:47 PM
The myth of hundreds of millions of Americans who think that the monthly statement of their 401K is real money.
You can not look at the market cap of $FOMC and then look at the market cap of $MNLO and just add them together. Like magic.
Your investment is hope. You hope that the investors who bought $FOMC at $4.45 the day before the merger, have not jumped off a ledge.
The good news, is that the ratio is in line. One or two days doesn't make a trend, so it could change by Friday. Both stocks are much lower now than the day before the merger. But the hope is that investors will return now.
The other myth is that FOMX shareholders will have a larger share of the pie if MNLO's products fail. Yeah they will. But don't you think the price of both stocks will tank, if the products fail?
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