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Joefyffe

03/16/20 8:36 PM

#31219 RE: positivealpha #31218

I’m not sure either. They have added and omitted some of the other level officers a couple times since the new CEO was added to replace Lazar.

CCaptain

03/17/20 11:48 AM

#31277 RE: positivealpha #31218

It could be something as simple as a postponement or they could be scrapping the RM altogether, which wouldn't really be a surprise.

Even in ideal market conditions, these transactions are highly speculative and with the addition of the pandemic coupled with the company of origin, and all the other challenges, I'm not optimistic.

My plan is to hold onto a base position, which has already paid for itself on a few flips, and see what happens.

Even if this doesn't transpire as we hope, there's still $$ to be made here. Who wouldn't be happy with 15-30% gains every week or two?