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Re: nsomniyak post# 28974

Saturday, 01/15/2022 1:21:39 PM

Saturday, January 15, 2022 1:21:39 PM

Post# of 32312
I get it....I just think anyone selling now will be leaving a pile of profit on the table. My point was, if this tightly held, low floater, was trading as high as $2 on the news about incoming merger, it realistically should return to at least that valuation now that the R/S cancelation is coming. It won't go back to the $2 range overnight, but if they follow up the R/S cancelation with a meaty PR about huge revenues, well, it certainly could get back to $2 in a hurry. I understand we sit at a quick double for some who bought sub .10s, but I just think once the market gets the upcoming news, we could see this pop to over $1 on that news alone. That's the only point I was trying to make. Nothing wrong with taking profits....it's all about timing.


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