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Posted On: 12/12/2020 12:05:08 PM
Post# of 36541
Last Annual Shareholders meeting was October 25, 2019. The 2020 Annual meeting would be nice.
As for the NGIO IPO, timing is everything. I’m not an expert, but I do know that December is the month that is used to dump looser stocks for tax purposes. But I don’t know if this would have an effect on an IPO’s success/valuation. With the GNBT share value being handcuffed at .20/.23, I also wonder if this has to do with the Long-term vs Short-term Capital Gains/Losses. Factor in the 30 day Wash Sale Rule… My guess is the GNBT pps will continue to be handcuffed until/thru January regardless of any news. As I used to tell my kids, asking “Are we there yet?” every five minutes won’t make the trip any faster. So I suggest, metaphorically speaking, enjoy the scenery, play a game (slug bug, if you want to feel some pain), count the cows… I believe we will get to our destination soon enough.
As for the NGIO IPO, timing is everything. I’m not an expert, but I do know that December is the month that is used to dump looser stocks for tax purposes. But I don’t know if this would have an effect on an IPO’s success/valuation. With the GNBT share value being handcuffed at .20/.23, I also wonder if this has to do with the Long-term vs Short-term Capital Gains/Losses. Factor in the 30 day Wash Sale Rule… My guess is the GNBT pps will continue to be handcuffed until/thru January regardless of any news. As I used to tell my kids, asking “Are we there yet?” every five minutes won’t make the trip any faster. So I suggest, metaphorically speaking, enjoy the scenery, play a game (slug bug, if you want to feel some pain), count the cows… I believe we will get to our destination soon enough.
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