$LAHO - When trading resumes it will be almost as if LAHO is a new
company a new deal. This is because they went private and didn't let the company trade in the grays, and in this period, they are getting all the ducks in a row. All i's dotted and t's crossed.
Along with the sponsoring MM's guidance, the pps' will be reevaluated. Take a look at the LAHO chart.....its not there. That's because the old LAHO is gone and we await the emergence of the new LAHO.
What will the pps be reevaluated at? Well the old LAHO was worth "X" before they took the company private. They will have a new valuation when they start trading again. What it will be at I have no idea. But it should be worth more than the day it was suspended.
As I mentioned before, this whole thing was more than likely a MM, or a couple of MM's that were short and getting crushed as the pps climb wasn't going to stop and they pulled in a favor from the SEC.
Trading was halted on 9/6/2019 and it was going to the gray sheets at least for a while. That is until the company pulled that great maneuver. If we had gone to the gray sheets, the shorts would have been able to cover. Now I do believe shorts lost their money on this one.
Look at the date they needed to cover by....9/13/2019 and look at the amount. Now I believe it more than ever. With the stock going into a blue sky breakout, there was no way they were going to be able to cover on 9/13/2019..........so they pulled the SEC move.
Then the company made a brilliant move going private. No gray market where the shorts could cover. And those that sold, shorts, prior to this date, are out. It would be as if a long sold on a down trend or at the bottom right before it took off...Out....Gone. Money lost.
IMO
Follow the money and Shazam!!!!!!!!!! there's your answer!!!!!!!!!
https://twitter.com/zlakr/status/1176893658110382080
company a new deal. This is because they went private and didn't let the company trade in the grays, and in this period, they are getting all the ducks in a row. All i's dotted and t's crossed.
Along with the sponsoring MM's guidance, the pps' will be reevaluated. Take a look at the LAHO chart.....its not there. That's because the old LAHO is gone and we await the emergence of the new LAHO.
What will the pps be reevaluated at? Well the old LAHO was worth "X" before they took the company private. They will have a new valuation when they start trading again. What it will be at I have no idea. But it should be worth more than the day it was suspended.
As I mentioned before, this whole thing was more than likely a MM, or a couple of MM's that were short and getting crushed as the pps climb wasn't going to stop and they pulled in a favor from the SEC.
Trading was halted on 9/6/2019 and it was going to the gray sheets at least for a while. That is until the company pulled that great maneuver. If we had gone to the gray sheets, the shorts would have been able to cover. Now I do believe shorts lost their money on this one.
Look at the date they needed to cover by....9/13/2019 and look at the amount. Now I believe it more than ever. With the stock going into a blue sky breakout, there was no way they were going to be able to cover on 9/13/2019..........so they pulled the SEC move.
Then the company made a brilliant move going private. No gray market where the shorts could cover. And those that sold, shorts, prior to this date, are out. It would be as if a long sold on a down trend or at the bottom right before it took off...Out....Gone. Money lost.
IMO
Follow the money and Shazam!!!!!!!!!! there's your answer!!!!!!!!!
https://twitter.com/zlakr/status/1176893658110382080
