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samsamsamiam

06/03/22 11:59 AM

#45850 RE: Pogwoll #45848

And what thorough DD had been done on this empty custodianship shell to justify this price? How does one do DD on an unnamed merger candidate?

It’s all hype at this point. It’s investing on hopes and dreams. It has nothing to do with the DD required for solid fundamental investing. This is a MOMO play based on each step of a reverse merger play that has zero to do with the unnamed merging company - if one even exists at this point. It’s a traders game - and pickings are getting slimmer as SEC shuts them down.