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KingsKnight

12/15/21 6:40 PM

#42293 RE: Potse #42292

There's a Brilliance To This Play.

Sometimes there are grand opportunities in plays like this. You've done the front end work & now it's just time to see how it plays. I think this one could mirror the APLD rise. That went 4c to $5.70 in '21 [now $3.50] Smart calculated play I believe on your part, certainly think it will deliver well. The sooner it gets you a few X's above cost avg. the better the play becomes. This to me is ticketed above 30c in short time. We shall see, good luck.

Potse Wednesday, 12/15/21 06:28:33 PM
Re: KingsKnight post# 42289
KingsKnight...added to my position......

Quote:
As expected, as this B/A widens it's going to have some of these spikes. This is the first sustained break over the triple top at 13c. One buyer scooped up 49K shares(~$7k). So someone is buying in. Maybe its PotSe- thks for that informative post! LOL


I added a little over 42K today, with buys at 12 and 15 cents. Currently holding a 832+K position at an average a little under .0935 per share.

As with most shell investments I make, there is always that lingering thought in the back of my mind that I am not analyzing the situation accurately, or the company will completely undermine the potential here with a badly-structured or lackluster reverse merger.

I've done the best I can on the front end of this investment. Identify what I think is a decent/quality shell with potentially huge upside. Accumulate that shell at a reasonably good valuation (I'm currently averaged in at less than a $1M legacy share valuation). Now it is up to the company to come through with a quality, well-structured reverse merger. And have the market respond favorably to that merger/acquisition.

As with most shell/RM investments, analysis of the shell gets you only so far. Plain, old luck is often needed (and often welcome) to fully maximize the potential of a reverse merger. I have my fingers crossed.