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Posted On: 11/01/2021 11:37:36 PM
Post# of 85944
Right on B4F, except for the last statement, "Once the 8K is released trading will be halted until the new price based on the new "book value" of UNVC is determined".
The stock won't be halted to determine a book value. No one determines a "book value" to set the price of an already trading stock. The Market Makers will simply look at supply and demand and then set their 'bids' and 'asks' to "make a market", based upon the news.
As long a Doc keeps the press releases coming out so we get exposure and we shareholders don't start to flood the market with our shares, we will move up in price, simple as that. So, be smart folks, don't flood the market with selling shares just because you see a much higher bid on the opening after the news. Remember the stock market is a system based upon "supply and demand". Do be ready for some volatility that may make you nervous because of the big dollar movements in the value of your account. Remember what you own and what you just read in the news and don't make emotional decisions.
I am not giving investment advice just basic investing 101 information, everyone has to make their own decision on selling.
The stock won't be halted to determine a book value. No one determines a "book value" to set the price of an already trading stock. The Market Makers will simply look at supply and demand and then set their 'bids' and 'asks' to "make a market", based upon the news.
As long a Doc keeps the press releases coming out so we get exposure and we shareholders don't start to flood the market with our shares, we will move up in price, simple as that. So, be smart folks, don't flood the market with selling shares just because you see a much higher bid on the opening after the news. Remember the stock market is a system based upon "supply and demand". Do be ready for some volatility that may make you nervous because of the big dollar movements in the value of your account. Remember what you own and what you just read in the news and don't make emotional decisions.
I am not giving investment advice just basic investing 101 information, everyone has to make their own decision on selling.
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