Wednesday, August 16, 2023 12:35:37 AM
With the declaration of BP talks in the Q, I cannot imagine something not being formally announced by the next Q. I would expect something after Labor Day or the following week.
I feel that something big will be breaking near term. How can they keep going back to lenders and Thermo’s of the world asking for their weekly allowance so they can keep the lights on?
If it drags on to approval with no monetary news this stock price will crater below JD’s 37.5. We will loose new retail support during tax loss season and the holidays.
To somewhat summarize what I believe Thermo said recently, agreements have been executed regardless of price or market affiliation.
If there are multiple BP(s) in the works, what will distinguish who earns the right of first refusal down the road if we go that route?
I think the sequence of events looks like this:
BP agreements or acceptance notification (possibly not in this order but in close proximity )
Another submission
Ramped up media coverage for Wall Street and Main Street
Cs
Approval and change in leadership
Strong and vast institutional support
Gary, I very much appreciate your writings and time committed to to this board!
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