I'd say we had buying pressure, hence why we are u
Post# of 36568
(Total Views: 283)
Posted On: 02/24/2020 11:35:11 AM
I'd say we had buying pressure, hence why we are up 16.67% right now. Yes it was higher, but give it time. We've had 316K shares traded in 2 hours. Also, I don't think there are as many shorts shares out there as people think, so not sure how much of a short squeeze we will see. Instead, people buying today would get the dividend, but also get the stock price adjusted tomorrow, so no better off on the GNBT side. The difference is the free NGIO shares, but they do not have value yet, so some buyers may be MUH!
I'm not concerned about the price getting knocked out of the park today. I want the dividend to get done and done CORRECTLY by the brokerage firms. Then get the S1 funding and then we are off to the races. Then the S1 filing for NGIO with the ultimate IPO and we will all be doubling our account values AND MORE.
I'm not concerned about the price getting knocked out of the park today. I want the dividend to get done and done CORRECTLY by the brokerage firms. Then get the S1 funding and then we are off to the races. Then the S1 filing for NGIO with the ultimate IPO and we will all be doubling our account values AND MORE.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.