Nobody wanted to add further comment to the "unrav
Post# of 36566
(Total Views: 322)
Posted On: 01/27/2020 5:47:36 PM
Nobody wanted to add further comment to the "unraveling" concept Creekrat and I touched on earlier? Would love to hear any thoughts you guys have on why it could or won't happen...
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Spot on summation of whats going on I think. I'd be interested in hearing other opinions on how likely it would be for it all to unravel.
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Quote: My take is two-fold:
1) The market does not believe such a return will actually occur. So you may put your $600 in and get less than $600 back. In fact, as the stock is currently priced as if it's going out of business, I believe there is a certain degree of fear that the whole thing may unravel (Veneto, CMP, constant renegotiating of payments to subsidiaries, lack of cash, stock price well below necessary thresholds, etc.).
2) There is a limited audience to do any buying. So with shares coming into the market, the usual suspects (us retail investors) are unable to soak up all the shares and push the price up. As a matter of fact, I would guess that we all have a certain amount of belief that the "unraveling" mentioned in #1 above could actually happen. I know I do. And that keeps me with available (but ready to be put into GNBT) cash sitting in several accounts instead of buying more of this "sure thing".
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Spot on summation of whats going on I think. I'd be interested in hearing other opinions on how likely it would be for it all to unravel.
=============================
Quote: My take is two-fold:
1) The market does not believe such a return will actually occur. So you may put your $600 in and get less than $600 back. In fact, as the stock is currently priced as if it's going out of business, I believe there is a certain degree of fear that the whole thing may unravel (Veneto, CMP, constant renegotiating of payments to subsidiaries, lack of cash, stock price well below necessary thresholds, etc.).
2) There is a limited audience to do any buying. So with shares coming into the market, the usual suspects (us retail investors) are unable to soak up all the shares and push the price up. As a matter of fact, I would guess that we all have a certain amount of belief that the "unraveling" mentioned in #1 above could actually happen. I know I do. And that keeps me with available (but ready to be put into GNBT) cash sitting in several accounts instead of buying more of this "sure thing".
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