GREY:NKRSF - Post by User
Comment by
G4Generalon Apr 01, 2016 1:19pm
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Post# 24720636
RE:NKO versus NKO.NT
RE:NKO versus NKO.NT NOTES VS COMMON SHARES
The current common share price vs notes is undervalued, based on the historic norms. In the pass the notes trade at an average of 15x higher than the common shares price. Currently the notes are trading at 55x that of the common shares. Hence an upward revision in common share stock price.
In 2013 when NKO had many issues the notes were traading at an average of $100 vs common dshare at an average of $6.50 which is 15x the common shares. In 2014 when NKO was deemed bankrupt the notes were trading at an average of $30 vs the common at an average of $2 which is 15x the common share price. You can even do further due dilligence and see that the average in a year for notes vs common shares is 15x higher.
Those that are saying that the notes are undervauled, they really do not know what they are talking about. But in fact the common shares are undervalued based on the historical averages.
Even taking a 5x increase for common shares vs notes. That then will have the common shares at a price of over $1.00
PROtrading wrote: Are there any real traders or investors here??
Just seems like a bunch of pennywise clowns like bigbird456 who lies 50% of the time.
Anyone here interested in real trading and investing?
NKO trades at 19 cents
NKO.NT (the Notes that are preferred over NKO) should be trading at $16.72!
NKO.NT trades at $11.50 which means the common shares should be trading at 13 cent or less.
I sold my NKO at the right time and would only be considering buying more NKO.NT but I'm fuly up on my speculative (near "sewer") stock here and that Coach Disbrow idiot is a concern.