OTCPK:DJACF - Post by User
Comment by
ConnectTheDot1on May 07, 2018 3:21pm
177 Views
Post# 27993217
RE:RE:When's it gonna stop dropping?
RE:RE:When's it gonna stop dropping? Also due of arbitrage, meaning it is cheaper to buy WMD, there's a lot of short sellers...in HIKU side as they could be protected by buying WMD...until the deal closed...! Then we could see the value of Hiku..! Here's a king of vicious circle as Hiku dropped WMD decreased too...and as WMD decreased and so Hiku ...and so on... ;-(
highrider2 wrote: When you look at the deal with WMD ... then with WMD in the mid $1.70's ... then HIKU should be in the mid $1.20's. So you figure it out. Is HIKU going to head lower ... or is WMD going to head higher in order to make it close to the proper prices as we get closer to the "deal" deadline ???