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Eureka 93 Inc LXLLF

Eureka 93 Inc is a Canada based company involved in hemp cultivation and CBD extraction operations in North America. The product offerings of the company include Wholesale CBD Products, Full Plant Extract and Isolate Powder.


GREY:LXLLF - Post by User

Comment by wewillwaititouton Dec 28, 2019 4:06am
579 Views
Post# 30496301

RE:Old men pocketing tens of millions using corporate shells

RE:Old men pocketing tens of millions using corporate shellsI like how you think of these shells, this may be a lenghty post but here goes. in terms of us average joes to make it out of these shells with a profit,wehn would be an ideal risk/reward time to buy in? My thinking is if you map out a ideal postive shell. there is those who stumble on the actual shell company and think they will be the lucky ones once a deal occurs so they buy and wait...then the shell does a r/s...then those thta just bought become screwed already..but they still hold hoping after a deal with the new ticker it will trade multipe times higher so they wait it out in red positon...then the halt occurs..finally opens as a new ticker...but the new compnay now has a much diffrent share structure and share price is already a flop..then the compnay just doesnt hold up to what people thought..and since its a new compnay now..new people will think i will buy in now since the deal went thorugh..but for them they will just buy-hold-go in red-hold-go more red-then sell and move on...ultimately my question is throughout this whole proccess where is the average joe to buy in for a ideal risk/reward if at all? seems like shell holders pre split and post split are just as screwed as the new folks that see the new ticker? or is the mney to be made pre-deal durning the shell phase...maybe buy say 0.45 and sell for 0.2+ gains whith large positons? but thing is these shell hardly get any vol for long periods...so are these old guys maing money from paperwork of the shell deal? and we avg.joes just hold bag of poop from the get go? would love to hear what you think..cheers
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