Replies to post #146314 on Sarissa Resources Inc (SRSR)

[es1]

If we are undervalued at this point do you think Niostar will open up at a higher value than what Srsr is right now?

In all honestly we are overvalued and always have been.
I am sure to get a fight for saying that but we are not talking about a fantasy or spectulation or hoping.

The PPS here is extremely high based on the fundamentals

A company with no assets no income no financing no work being done is worthless.

The PPS here is only based on what the market as a whole thinks might happen at some point in the future.

Right now they think the stock might go up a bit over a penny based on available info

Niostar can not open higher. They will have a PPS based on SRSR.
If we are at .01 and niostar is listed at a 1:35 we will have a value of slightly less than .35 because the SRSR stock itself has a value as a shell. The entire value is not being transferred.

Then you have to account for the market.
A lot of people consider spin out shares as "free" shares and sell their "free" shares for their "instant gain".

This will cause the .35 PPS to drop. That drop will also cause others to sell and the PPS drops more. At some point buyiung will start but as a rule of thumb a PPS will always try to return to where it was prior to a split.
A forward split tends to climb following the split and a RS tends to drop.

IMO if things stay as planned I will sell my niostar shares on day one of trading and wait for the bottom to be put in to buy.