(Total Views: 887)
Posted On: 11/25/2017 1:16:39 PM
Post# of 96901
Agreed.
Getting a feel for the mood of other investors is good, but each person will have a different $ range target based on their own cost.
If one investor has an average cost of 5 cents, then a buyout at 50 cents would be a 10 bagger. Nice.
But for an investor who bought a lot of shares before the reverse split with average cost of $1; a 50 cent buyout would be a substantial loss.
So a poll about a buyout should ask each person to indicate 2 things:
1) Do they like the idea of a buyout?
2) At what price would they be in favour of a buyout?
For me: I'm here because I still think Ultraflix could be a big deal. If they can actually execute. So 10 cents or 20 cents doesn't excite me.
But $1 might...
Cheers, judgesmails
Getting a feel for the mood of other investors is good, but each person will have a different $ range target based on their own cost.
If one investor has an average cost of 5 cents, then a buyout at 50 cents would be a 10 bagger. Nice.
But for an investor who bought a lot of shares before the reverse split with average cost of $1; a 50 cent buyout would be a substantial loss.
So a poll about a buyout should ask each person to indicate 2 things:
1) Do they like the idea of a buyout?
2) At what price would they be in favour of a buyout?
For me: I'm here because I still think Ultraflix could be a big deal. If they can actually execute. So 10 cents or 20 cents doesn't excite me.
But $1 might...
Cheers, judgesmails
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