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GlefdarLivermore

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GlefdarLivermore

Re: iLluSiOnofPrOgReSs post# 51746

Friday, 06/19/2020 10:40:49 AM

Friday, June 19, 2020 10:40:49 AM

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Thanks, that is a really helpful, informative reply. I'm a noob and am hoping you wouldn't mind educating me: what is the play here then? I mean what scenario makes buying shares of a shell worth the risk? I guess it's a lotto ticket type of bet that eventually a real company will acquire the shell and the existing shareholders of the shell now suddenly have equity in the real company. But how unlikely is that to happen vs. a delisting?

I am not a financial professional and nothing I say should be construed as financial advice, only as my personal non-professional opinion.

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