KIMBERLITE
Personally, I believe at sub-$5, it will have a higher perceived value to retail investors. And since I believe most shares in the float have already been absorbed by long term holders, I think it will move past $5 comfortably. Even though there is no difference in the market cap, investor psychology is still at play. Retail investors would be far more attracted to owning 300 shares at $5 than 100 shares at $15. Add to that what appears to be a desire to move to a higher exchange, and I think any announcement to such effect could send the price up to $10 post-split. That's what I'm hoping at least. My target price is $10 post-split. Factors that could influence that are news, retail investors jumping in, any momentum traders and obviously short covering. I feel it's a very good investment. The real spike began on October 1. We're 3.5 weeks from that and today's close was the third highest close of the year for UCAD still. If my theory is right and the shorts have to continue to cover the dividend and/or continue getting calls/buy-ins, UCAD could spike even much higher than $10 post-split. We'll see. I'd probably be a seller at that point but then again, if it happens on very low volume I might hang on longer since the shorts might truly get stuck running it way up. We'll see. As I said, my ultimate goal is to turn my UCAD and GEMM profits around and back into cmkx.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
