Everyone should trade around a core position. Miti
Post# of 16816
Posted On: 01/26/2014 8:39:01 PM
Everyone should trade around a core position. Mitigates against any losses and lets you place larger bids on pullbacks without committing fresh capital.
If my numbers are correct, BCAP should have around $1.4M assets on its books at this point in time. That would include what's known from CYBK, interest on the TGGI and RIGH debts ($611k x 18% interest for 1.75 years), and probably a chunk of change from Green Energy Savings Corp. I believe there's more, but that's what I know with a fair degree of confidence.
That should put BCAP fair value around $0.0007 with what's known.
The unknown portion is the empty shell. My valuation on it at the time was about $0.0016 ticks on BCAP's books if memory serves correctly.
Will have lots to see when BCAP starts reporting again.
If my numbers are correct, BCAP should have around $1.4M assets on its books at this point in time. That would include what's known from CYBK, interest on the TGGI and RIGH debts ($611k x 18% interest for 1.75 years), and probably a chunk of change from Green Energy Savings Corp. I believe there's more, but that's what I know with a fair degree of confidence.
That should put BCAP fair value around $0.0007 with what's known.
The unknown portion is the empty shell. My valuation on it at the time was about $0.0016 ticks on BCAP's books if memory serves correctly.
Will have lots to see when BCAP starts reporting again.
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