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Posted On: 05/20/2019 9:14:57 PM
Post# of 149326
Re: Evil Rabbit #3204
Personally, I think it might gap up tomorrow pre-market. They could sell, but looks like the offer will not be extended. So it would be a wash sale, the loss would attached to the new shares. They could sell after conversion to take advantage of the loss this year.
Accredited investors need 1M in net worth not including their home, or a certain salary. So they might be able to free up some capital elsewhere, since everyone expects this to go up now, it would be a weird time to sell.
The convertible note is still there, I got many a share in other stock righf at 9:30am on great news because the convertible note holder didn’t get the memo. There was also some paulson sellers before above 50c, they could still be overextended wanting to sell those shares. Or we might see some selling after the dust settles, 10:30, but I would expect that to be at a higher price. It should be an interesting day. I’m ready for FOMO.
Accredited investors need 1M in net worth not including their home, or a certain salary. So they might be able to free up some capital elsewhere, since everyone expects this to go up now, it would be a weird time to sell.
The convertible note is still there, I got many a share in other stock righf at 9:30am on great news because the convertible note holder didn’t get the memo. There was also some paulson sellers before above 50c, they could still be overextended wanting to sell those shares. Or we might see some selling after the dust settles, 10:30, but I would expect that to be at a higher price. It should be an interesting day. I’m ready for FOMO.
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