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Re: powerwalker post# 144

Sunday, 01/31/2021 8:05:53 AM

Sunday, January 31, 2021 8:05:53 AM

Post# of 1087
With merger completion, the rights convert to shares based on what I've read while the warrants remain. The rights should in theory be close to share price, possibly with a small premium too. These are like "stock slices" that some brokerages offer. They seem to convert upon completion.

The warrants would remain and are basically option calls with a more complicated execution mechanism. They too should be close to share price with either a small premium or perhaps a discount based on investor sentiment.

My outlook is that all of these intertwined symbols, RLFTF/ACER & NRX/BRPA(U/W/R) plays are all going to do very well. Picking which one at the right time would involve some luck, so I own them all personally. They all offer rocket ship potential.

Here's a scenario: You believe a developer is going to plan to build a office building on a certain block in NYC. There are several smaller buildings/parcels on that block currently for sale on the market. One is listed at 1.5m, one at 2.0m, and another at 2.5m. You believe they are currently undervalued already and that you will be able to get exponentially more once the mega office building plans are announced by the developer. Which one do you buy so you make money?

In this scenario, each would make you money and you would do well. Choosing which is trivial since they all would offer the same exponential gains. As for me, I would buy all of the properties...

Best,
JB

Disclaimer

All of my posts are just my own opinion and not advice to buy, sell or trade any stock, security or anything else for that matter. I post my own personal thoughts and information that I have found regarding positions that I am invested in.

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