reading i'd say opinion know when to buy & sell
Quote:
Are they looking to force Jerry to move his plans forward in a more timely manner or are they looking
to take over the shell for another potential reverse merger of another company looking to go public?
It's a valid question formerdtrader.
With CIVX, it's 100% guaranteed that it's the latter in my opinion....
AlphaRidge is looking to take over the shell to facilitate a reverse merger.
When someone files to become custodian, there are times when it's
done as much to force the current management to get moving as it is
to actually become the custodian,
but that's very rare in my experience.
And this is what AlphaRidge does.
They take over dormant shells and find someone to R/M in.
answer;
ah maybe AlphaRidge will overtake da shell ?????
As far as the hearing and short term movement,
I've honestly had every possible thing happen to me.
Stock can go down when you'd think it would go up, and vice versa.
The run-up over the last month is based on the
expectation of AlphaRidge being granted custodianship.
Does that mean the news is already baked in (as far as short term pop)?
Sometimes yes, but the market cap and share structure here suggest there's huge room for stock price appreciation in my opinion
(I'm basing that on just over 1 billion shares outstanding,
not the number on otcmarkets).
Still doesn't say what happens after the court date.
But I have no doubt CIVX is going way up from here,
I just can't say it will start on the day of the hearing.
All just my humble opinion...
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