Post by
bridgenut107 on Aug 21, 2020 1:21pm
i want to believe but
i want you all to know that IDK is working froma point of shareholder control
First you do a revers split 4x
then you do a reverse split of 10 x
the shareholder s from one year ago hold 1/14 the shares they used to own ...the company now owns them !!
In real dollars my portfolio for IDK has gone up from .025 to .0375 (THAT IS CENTS) in REAL TERMS NOTTTTTTTTTTTTTTT .07 to .37
1 million trade to get to .37 ...lets see if that holds ...history shows that 1 million will trade down too.........................................right now it is all just hype and virtually meaningless IN REAL DOLLARS.
new will change things but never again will new money go into this thing ....b/e still $4.50 !!!
GLTA ..now you know the full story...it is always buyer beware...go baby go....but watch the level of water in the bathtub!!
Comment by
Flacker on Aug 21, 2020 2:39pm
Their holdings are going strong. Their NAV is way higher than their current market cap. Your break even is unfortunately high and I don't see it getting back there either. But I do see it as an easy double from current levels. If they win the court case that win expidite the upward movement.
Comment by
BarstoolSage on Aug 22, 2020 12:58pm
That case will not go to court for several years and many dollars in legals. So don't count on anything until any settlement money is in the bank...
Comment by
Flacker on Aug 22, 2020 2:49pm
I don't expect it to be settled soon, this will move up with or without it. SI's legal team wouldn't be pursuing anything if they didn't have a solid case, might end up in a quick settlement.
Comment by
Yo_Dog on Aug 22, 2020 8:31pm
It's my understanding IDK owns a large chuck of NFG. Is that correct?