Post by
Oldnagger on Nov 22, 2020 11:05pm
The foggy glass
Is the glass half empty due to rising Covid cases or half full due to a likely vaccine and herd immunity by April or May 2021? That is the question,Even in the worst case,I seriously doubt that NVA would blow thru 87 million in credit headroom before next April
By the time the next credit review comes the fortunes of Nuvista should be much clearer.
On one hand I have 0.85 at risk, on the other hand the stock price was over 2.50 prior to Covid
I wouldn't advise anyone to be in a short position at this time.Gains are limited losses are not.
Comment by
MyHoneyPot on Nov 22, 2020 11:12pm
Good Point, POU's 40 million shares may net them 100 million dollars in just a few months. IMHO
Comment by
Oldnagger on Nov 23, 2020 7:58am
Thanks I will check them out
Comment by
enterusername on Nov 23, 2020 10:04am
lol , so now you admit NVA is worth 2.50 /sh
Comment by
MyHoneyPot on Nov 23, 2020 10:09am
You caught me on that one, ok i will admit it, NVA assets in the hands of POU are worth $2.50 a share. Feel better now, i have come clean.... IMHO
Comment by
enterusername on Nov 23, 2020 10:13am
You are wrong again. Pou's only hope to stay away from bankruptcy is by selling NVA shares. That will only buy them time. but bankruptcy is POU s only way out . I was right and you were always wrong . I know POU is your only holding but I am sorry for you imho