(Total Views: 405)
Posted On: 11/22/2017 1:28:47 PM
Post# of 96891
I’m torn personally.
My cost basis is lower than most, and I invested because I thought this would take off. A buyout will basically give me the opportunity to maybe make a little bit and move on. Certainly happy about that. Sad that I won’t be a part of the future though.
Realistically a buyout could be at .10 cents. 168 millions shares, 21M investment. Do the math. Not a number most will be happy with. Don’t think we have a say really.
Now I know some of you will respond “well I won’t take less than $3”. Please don’t waste my time or yours. You aren’t getting $3. The company is not paying you 100x current value. They don’t give a shit about us. Last three years is a testament to that.
My cost basis is lower than most, and I invested because I thought this would take off. A buyout will basically give me the opportunity to maybe make a little bit and move on. Certainly happy about that. Sad that I won’t be a part of the future though.
Realistically a buyout could be at .10 cents. 168 millions shares, 21M investment. Do the math. Not a number most will be happy with. Don’t think we have a say really.
Now I know some of you will respond “well I won’t take less than $3”. Please don’t waste my time or yours. You aren’t getting $3. The company is not paying you 100x current value. They don’t give a shit about us. Last three years is a testament to that.
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