InvestorsHub Logo
Followers 134
Posts 1871
Boards Moderated 0
Alias Born 06/21/2018

Re: Grip it and Sip It post# 87613

Friday, 06/26/2020 9:44:25 AM

Friday, June 26, 2020 9:44:25 AM

Post# of 232169
If our management is trapped is the only way CYDY is bought out. I do not believe anyone in management is stupid and believes anything less than 100$ is reasonable.

Trapped? Yes, a bid that management believes we, the shareholders would accept but they think is a bad price.

Remember my FWAY, Foodways National story. I was the broker for the company as they bought in shares in the OTC market. My firm had the ball. All sellers came to us. FWAY received 50$ of all shares and my other clients 50$

I always thought they had an offer when they first proposed the plan. It was 3.5$ when they started. They quit buying around 40$ area, considering stock dividends. We were bought out for cash at 77.5$, again considering stock dividends.

Moral of this story? Management may have a Big Pharma buyer now. They told that buyer the price is 100$.

This is a possibility.

Very few have witnessed this type of move.

On Grips idea if it is cash, yes, I will instruct my family now to buy the buyers shares. We will be diluted but have much less risk.

If its stock and keep in mind it can be anything, stock bonds three dogs and a pony per share. If stock I am instructing all to keep the shares.

My 500 to 1000$ will still have a chance even if Gilead.

Start painting your own Big Picture. Prepare mentally. This is a mental game.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CYDY News