(Total Views: 396)
Posted On: 04/01/2021 2:57:20 PM
Post# of 36564
I think some board members are questioning participating in the grey market. What does it matter, as long as you have a buyer for your shares. I would have sold as many shares as possible at $5 or more. However, it appears that the trade limitations are built into the process.
First of all it appears that only the shares in the first tranche are eligible for trading. Secondly, at the $500M assessment, we can expect NGIO to open at $4-$5, when it comes public. Personally, by selling on the first day of NGUX, I would have made a nice profit and would still be holding around 10K shares of NGIO. It will be interesting to see if and when NGIO hits $5.00+ per share. OTOH, NGIO may shoot for the moon and hit it.
First of all it appears that only the shares in the first tranche are eligible for trading. Secondly, at the $500M assessment, we can expect NGIO to open at $4-$5, when it comes public. Personally, by selling on the first day of NGUX, I would have made a nice profit and would still be holding around 10K shares of NGIO. It will be interesting to see if and when NGIO hits $5.00+ per share. OTOH, NGIO may shoot for the moon and hit it.
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