Post by
Noredneck on Jan 27, 2021 10:44am
thanks for the shaky hands...
thanks for the shaky hands...
Comment by
bicente on Jan 27, 2021 10:56am
Everyone's taking out their money here to slay the shorts at GME ,AMC , BB , ACB , ...it's the wild wild west .. I hope they bring the fight in this neighborhood soon .. if you build it they will come ... GLTA
Comment by
johnney on Jan 27, 2021 11:03am
What it would take is, one morning before the opening, they suspend the stock, to come out, what ever good news it is, and opens 30 or 40% higher, before the suspension, and continu to raise in the coming days or weeks. That would help getting of the shorts for a certan time, IMO!
Comment by
bigal103 on Jan 27, 2021 11:14am
Sadly it won't happen. It's all US stocks. If I were short, I would think of covering it soon anyways because we never know I guess.
Comment by
PabloLafortune on Jan 27, 2021 11:58am
They'd have to reverse split 10:1, consolidate B and A shares, list in the US, improve the BoD...All very doable.... Since family is concerned about control, they can make a deal with CDPQ to have the company issue them 1B A shares @ $1.xx and buy 1B B shares @$1.xx (ie a 50-60% premium) and convert the other 1.1B B shares to A.
Comment by
johnney on Jan 27, 2021 12:20pm
There is a big chance hope not, that a reverse split may happen in the near term, once de deal done and debt settled, i wouldn't be surprised!
Comment by
johnney on Jan 27, 2021 12:51pm
I agree. Reverse slpit has never been good, but it's only good for institutions that will get in the stock, if it's good for them. knowing that the major shareholders been wiped out!
Comment by
stockitnow on Jan 27, 2021 12:39pm
Pablo87 Lesson learn is not to deal with CDPQ. We know how CDPQ helped themselves to the BT deal.
Comment by
PabloLafortune on Jan 27, 2021 12:02pm
TPTB fully supports it too. This phenomenon is good for the lower/middle class, good for the stock market of course, and focuses the populace on making money rather than protesting...brilliant when you think about it.
Comment by
johnney on Jan 27, 2021 11:38am
Those who are long here will wait, even if it drops back, and probally some will buy some more shares, if they missed it!