Saturday, March 18, 2023 1:20:51 PM
Market Capital is PPS x O/S, simple as that.
Valuation is another thing...
Huge multi-million $ trades buying $EAC last few months.
So anybody who thinks this will open after the merger from over $10 to $0.3 must be very naive.
A short squeeze is more common in this type of low-float stocks and mergers.
DISCLAIMER :
Trading / Investing Do your own Due Diligence.
All statements are opinions and are not investment advice.
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