OTCPK:NWKRF - Post by User
Comment by
Extallioneson Jan 05, 2018 5:20pm
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Post# 27293995
RE:If your not buying/holding
RE:If your not buying/holdingcamnewly88 wrote: I don't know what else to tell ya at this point, some of the same ones telling you the merger is bad, you will lose money and now it's popped too much, give me a break, these are the same ones that were telling us how shitty this stock was a week ago, a merger with HIP/ CMED and these shares will go up 5/6 dollars in weeks/days....This stock is one of the best right now to buy, it's cheap and ready to pop, lots of people already know the brand and are just starting to pile on....Think before you listen to some of these people, they have other motives....All IMO....
Really don't think you know what you're talking about. I'm fully invested in HIP. However, the deal with CMED says that we get 0.033 shares in CMED for each share that we own in HIP. at CMED's current valuation of $26.95, we would get value of $0.88935 per share in HIP. That's currently a cut in value of about .62 cents a share. No one wants that. THAT is the sole reason people are now speaking out against the deal and saying it no longer makes sense.
These shares will go up to 5-6 dollars? What? That's a market cap of 1-1.4 Billion prior to acquisition by CMED. Also a 200-300% share price increase. For a merged entity to reach that, CMED would need to reach like $75.00-$100.00/share. Not going to happen. At least not in the next days/weeks.