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KOmani

03/08/17 6:36 AM

#259 RE: nfp #258

I feel like the 8-K brings some official feeling to the news for the company.

I don't know if you remember this, but when I posted the delisting PR - and the company's website said it was delisting as well - a lot of people doubted it until the 8-K came out and said the exact same thing.

Yes, you and I and others actively watching the stock know what happened, but the news probably didn't get out as much as we would have liked.

The 8-K filing gives it legitimacy and many more people are willing to trust an SEC filing over a PR.

Of course, the CAFC is an official source as well, but in this case, it just gives the information in the 8-K even more credibility.

KOmani

03/08/17 6:49 AM

#261 RE: nfp #258

I will say that this sort of proves that holding for some binary event is usually not worth it.

As you can see, someone could have bought at $0.70-0.75 after the court announcement.

This means for someone buying at $0.35, they had a 100% gain.

However, if the news was opposite, this likely would have gone to $0.10 if not lower, thus a 71% loss.

Kind of crazy that we risked 70% to possibly gain 100%

Of course, I feel we should go higher. My point is that holding through all that was probably not worth it.

Binary stocks are not worth the risk. Better to wait for the news and then act.

There are probably people on the sidelines who want to buy-in now that the news is out.

Again, the 8-K gives this some official weight and I believe we should trend higher.