Saturday, September 10, 2022 6:19:50 PM
...won't matter.
I would admonish people if they thought that 50 cents was a good deal, because it's not...but I don't have to do so because the good news is...it won't matter.
One day, we'll all wake up and get TTE shares and whatever that valuation is that valuation...and everyone will be happy with it. Thankfully, if that valuation amounts to $20 a share...then all the people who would've sold to short sellers for 50 cents won't have to...and they'll get $20 bucks instead.
The plan is simple ... whatever Total announces the buy out will be ... mark up that number by 50% ... because shorts (or their brokers) will be desperate to cover at ANY price...and if you don't get that price? Then just take Total's deal of $20 bucks, if that's the deal.
Hopefully no idiot long will sell to the shorts prior to the Total announcement...and no one will get "screwed" by selling at a lower price.
And that's the end of that.
We're only a few short weeks away...seriously...Shell announces their data...Total and ERHC look over their already done deal to see what impact Shell's data will have on any contingencies...and boom done maybe a few short weeks after Shell's announcement.
Simple.
Krombacher
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