important to remember, there are very few shares left. my guess would be about 1/3 of o/s is unowned IMO. the insiders are clearly VERY long the common as they have had numerous times to get out between 1-2 dollars but have chosen not to. to me, this is not just an indicator that the common will survive BK, it is also an indicator that the common - according to insiders - is very undervalued under 2 dollars, let alone 12.5 cents.
many have pointed out that this is a risky play and I don't really think a case can be made that it isn't risky. however, all potential life changer stocks have big risks. fortuntately though for SCRA, IMO there are many bullish indicators that have been discussed on this board. we'll see what happens with tomorrow's BK hearing.....
SCRA may close tomorrow at 9 cents, or perhaps at 20 cents or higher....its hard to predict the day to day here. but IMO the big money will not be made in the day to day here but rather buying up a position down here and planning to hold for a year or longer. that is my plan and I HOPE that I have the discipline to hold for this long.....the insiders who are deep in the red on their common are going to make big $$$ off this and so is KRUNK STOXXXXXXXXXX $$$$$$$$$$$$$$$$$$$$$$$$$$ 100m+ market cap coming IMO
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