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Re: LowFloatLopes post# 543

Tuesday, 03/30/2021 12:12:35 PM

Tuesday, March 30, 2021 12:12:35 PM

Post# of 899
I know you keep pointing that out, but the reality is market cap doesn't mean that much on these. Maybe a little. But the reality is it's market structure after the M&A that I think matters the most. These move totally based on what's in the float and momentum.

CBGH has a ton more shares out than PCMC so they COULD use it to buy something without introducing a bunch of more shares. We just don't know. It's all speculation.

What we can agree on is that low floaters like PCMC and CBGH move on air and have a ton of potential.

BTW, CBGH M&A LOI is imminent and has been announced to be made public between tomorrow and April 6. Is it gonna be good? Who the hell knows. But it is exciting. Time to hedge your bets and get in or out of it!

All of this is just my opinion. Make your own investment decisions and do your own DD.
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