RE:RE:RE:RE:RE:RE:RE:RE:RE:What’s in it for Shore?Matt no disrespect meant. I find myself time and again owning 2 variations on a theme in the speculative space.
1. Stocks that were something else/named something else/ a rollback then a name change.
Normally I sell these because as you say you wait years and years to have it have a 1% chance to successfully "phoenix" itself. I don't know TXP well enough to know if that is what you are referring to.
2. Find stocks that have gone through the above and show signs of being that 1%; I own TXP around 50-75 cents and waited to pay up with Cascadura first test in the can.
My only point is that relitigating past mistakes, even after it appears you may be on to something as TXP is now makes no sense to me. I take you at your word that this PP was not what was promised/hoped for. As a new shareholder I simply see a deal announced and closed in 24 hours and oversubscribed... there are no warrants for the big boys to add to the dilutive nature of PPs. The bet and it is only a bet is that Coho, Cascadura and Chinook and Royston are and will be disruptive discovery.
Won't take long to figure out who is right.
All the best
Lev