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Re: fowlerrudi post# 7513

Tuesday, 06/29/2021 12:28:39 PM

Tuesday, June 29, 2021 12:28:39 PM

Post# of 8586
Personally, I would hold on to it. It’s a custodial stock, currently owned by Alpharidge, that is going to have a new company merge into it, eventually. I suspect the market cap will be around $6 million, meaning if the company that merges in is worth more than $6 mill you’ll gain money. The chances are high that any company that merges will be worth more than that. If it’s worth $60 mill you get 10x the money your stocks are currently worth. It might take a few months for merger to complete.

Alternatively, you could sell a percentage now and save the rest for later.