Pps should be soaring but we are in the greys so I
Post# of 11038
Example: Seeing the last trade at .0004-.0007 makes people place buy orders under .0015 but available shares may be found only over .005+ (choose these number in an arbitrary manner). That means almost no volume and no orders being filled since most longs know the value of their shares and are not willing to gift them away. This creates a problem for the nss position trying to cover.
IMHO we will move BIG once more details are known concerning merger price or once NSS deadline to close positions is getting close. We might also see another dividend soon which could make this explode, even if not as big that could bring in tons of new buyers. I'm sure lots of negotiations are happening behind the scenes, as another announcement puts short position in a worse position than before. Hopefully Im correct about this and merger price gets accepted by FINRA sometime soon. GLTA
Calissio Resources Group, Inc. (CRGP) Stock Research Links
I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.