Honestly,
I don't think it's a good idea to pin hopes on the share price rising to the company's valuation....
... there will always be new foolish shorts coming out of the woodwork and printing shares on the mistaken belief that 100% of all caveat emptor stocks go to zero.
When the shorts do this, they effectively drop the price. After all, how many people can buy shares from a Canadian broker as non Americans? Not many.
But their asses will be handed to them, all of them, when they realize that they have to deliver Total shares... it is Total's price which will reflect the company's true valuation.
Shorts think they're confident that there's no evidence of Total etc... but I beg to differ.
Shareholders should not sell at 3 cents, 5 cents or 10 cents.
Just wait until one morning we wake up with a Total announcement. Then sell the shares to desperate liquidating shorts at a price 50% higher than Total's price when it's announced.
That should be the game plan.
Krombacher
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