Post by
tiger6301 on Jan 22, 2019 11:39am
What's up with ML?
It's up over 10%, most stocks are in the red, just curious.
This board is so quite!
tiger
Comment by
tiger6301 on Jan 22, 2019 9:07pm
Hi cpac, thanks for your response. Most stocks are down today, when ML is up about 30% is unusual, and nothing to do with it's schedule or progress, must be someone knows something. If you see the CEO's background, you would guess it is a buyout. tiger
Comment by
tiger6301 on Jan 23, 2019 8:38am
Hi Not2Sirius, Thanks for your comments. If it is just a recommendation, ML is over value in comparison with other LI stocks, especially NLC. I have been thinking to buy ML, but never did, and keeps adding more and more on NLC. tiger
Comment by
Not2Sirius on Jan 23, 2019 9:28am
You’re welcome Tiger. I have about 10x as much NLC as I have in ML. ML does trade very well and also has a ton of cash like NLC, so I buy and sell it.
Comment by
cpac on Jan 23, 2019 10:23am
It's too bad NLC doesn't have warrants as well... because for Millenial, warrants bought today at say 5 cents could be worth 50c - $1.00 or higher if ML gets a buyout offer in the next 12 months.. CEO has a track record of selling off his projects...
Comment by
Not2Sirius on Jan 23, 2019 6:25pm
Yes I would have preferred buying the warrants here for the leverage, and have looked at them. The problem is there’s no liquidity. 2,000 warrants traded today for $100. Before that, last trade was early November. I don’t buy anything I can’t sell.
Comment by
cpac on Jan 24, 2019 3:26pm
Hey N2S, Very fair point; they are not for the faint of heart at this point - however I do expect a good increase in liquidity (and price) once the FS is released. Cheers, CPAC