Saturday, February 05, 2022 6:56:32 PM
STILL, if I am effectively now purchasing a future share for $2 (each NVACR is about 20 cents, and it takes 10 NVACR to make 1 share), then even if the stock shot up from say $10 to $50 at the announcement of the acquisition target, and then slowly dropped back to $10 at the time of consummation, I still would be sitting on almost a 500% gain (since I am effectively purchasing the stock today at $2 per share).
Albeit, if it went from $10 to $50 (the equivalent of a 500% gain from today's stock price), and then slowly dropped to someplace above $10 by the time of consummation, I still would be sitting on a 500%+ gain (keeping in mind my cost per share was originally $2).
AND, in the highly improbable event that I could sell at the high of $50, then I'd be looking at a 2,500% gain (lol times 1,000).
Finally, if the stock dropped to 1/5th of its current value (ie: from $10 to $2), then I would be at a break even point.
Every way I look at it, IF the SPAC consummates a deal, you just don't seem to be able to lose with NVACR....
...IF the SPAC consummates a deal......
And that is worth repeating one more time.....
...IF the SPAC consummates a deal......
....which, after all, is exactly what the SPAC is supposed to do and the original purpose for the SPAC to be formed.....
......to consummate a deal......
Please note that my posts are for discussion only. They should NOT BE CONSIDERED AS ADVICE FOR YOUR OWN PERSONAL INVESTMENT CHOICES. ALWAYS do your own DD and feel free to question or validate my posts at anytime.
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