GREY:CHALF - Post by User
Post by
FarmerInvestor4on Nov 10, 2015 1:55am
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Post# 24275859
Flippers vs. Investors
Flippers vs. Investors
Interesting to see so many different perspectives on this board. Based on my DD, here is what I find...
First, this company is diluted. There are over 35,000,000 warrants that have to be converted (as long as they are in the money)... so shares will become available creating downward pressure in pressure in price.
On October 6th, with consolidation, the company set up financials to end Dec 31st. And September 30th earnings are due out Nov 29th. So these should be the first set of financials to give shareholders certain details about the consolidation, but realistically last Q financials due out in April will tell tale of post merger numbers
At this point in time, there is some risk here. IMO, the share price will fluctuate up and down over the next 6 months... Momentum and revenues will cause it to go up, and warrant exercising (share pressure) will cause it to go down. Another question is that the CEO has gone on record stating they will look towards another PP to generate cash for future opportunities (Likely Q2, Q3 2016). So this could further pressure on shares and add to further dilution. Lastly, this space is truly exciting. There are numerous barriers going to be broken here... So the question is whether you are an investor, or a flipper? If you are an investor, the difference between $1/share and $0.80 per share will seem minor long term. McDonald's traded for $0.65 a share in 1981... today it is almost $113. I think everyone here would be happy with a 100 bagger